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Exhibit 10-15
The following is part of an ANOVA table that was obtained from data regarding three treatments and a total of 15 observations.
-Refer to Exhibit 10-15. The computed test statistics is
Dividend Payment
The distribution of a portion of a company’s earnings to its shareholders, usually in cash or as additional stock.
Record Holders
Individuals or entities officially registered as the owners of securities or assets on the issuing company's books.
Quarterly Dividend
A dividend paid by a corporation to its shareholders every three months.
Clientele Effect
This concept suggests that changes in a company’s dividend policy can attract different types of investors, based on their preferences for dividend payouts.
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