Examlex
The invention of satellites advanced astronomy because telescopes on satellites can observe wavelengths of electromagnetic radiation, such as X-rays, that cannot penetrate the Earth's atmosphere.
Clientele Effect
A theory suggesting that changes in dividend policy may attract different groups of investors based on their preferences for dividend payouts versus capital gains.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, typically expressed as a percentage.
Price/earnings Ratio
A valuation metric for companies, calculated as the market value per share divided by the earnings per share.
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