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According to Aristotle,"But to Be Angry at the Right Things,with

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According to Aristotle,"But to be angry at the right things,with the right people,to the right degree,at the right time,for the right purpose,and in the right way-is worthy of praise.".


Definitions:

Residual Dividend Approach

A policy for determining dividend payments whereby dividends are set as the earnings left over after funding the company's capital expenditure and working capital needs.

Trading Range

The spread between the high and low prices at which a security trades over a certain period of time.

Stock Split

A corporate action where a company divides its existing shares into multiple shares to increase the number of shares outstanding.

Cash Dividend

A payment made out of a company's profits to its shareholders, as determined by the company's board of directors, usually provided in cash.

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