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AFB,Inc.'s dividend policy is to maintain a constant payout ratio.This year AFB,Inc.paid out a total of $2 million in dividends.Next year,AFB,Inc.'s sales and earnings per share are expected to increase.Dividend payments are expected to
Insured
A person or entity covered under an insurance policy to receive compensation for losses or damages.
Insurable Interest
The stake in the value of an item, life, or event for which an insurance policy is purchased to mitigate the risk of loss.
Creditor
An individual or entity to whom money is owed by a debtor.
Security Interest
A legal claim on assets granted to a creditor to secure a debt or obligation, providing the right to take property upon failure to repay.
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