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What does the term 'degradation' refer to?
Individual Stockholders
Private individuals who own shares in a corporation, thus holding a portion of the company's equity and potentially entitled to dividends.
Flotation Costs
The costs associated with the issuance of new securities.
Low-dividend Stocks
Stocks of companies that pay lower dividends relative to their share price, often reinvesting earnings into the business for growth.
High-dividend Stocks
High-dividend stocks are shares issued by companies that return a relatively high percentage of their profits to shareholders in the form of dividends.
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