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Regularly Paying a Fixed or Increasing Dividend Eliminates Uncertainty About

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Regularly paying a fixed or increasing dividend eliminates uncertainty about the frequency and magnitude of dividends.


Definitions:

Explanatory Variables

Variables in a statistical model that are manipulated or chosen to determine their effect on the response variables of interest.

Logistic Regression

A statistical method for predicting binary outcomes by modeling the probability of a variable based on its logarithm.

Logistic Regression Model

A statistical method used for analyzing a dataset in which there are one or more independent variables that determine an outcome. The outcome is measured with a dichotomous variable (where there are only two possible outcomes).

Indicator Variable

A variable, usually binary, used to represent the presence or absence of a categorical effect in regression models.

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