Dividend Policy Supplement to Chapter 17 FIL 341 Prepared by Keldon Bauer Dividends or Capital Gains?    The ultimate goal of financial managers should be the maximization…

THEORIES OF DIVIDEND POLICY i) ii) Dividend Relevance Theories Dividend Irrelevance Theories Dividend Relevance Theory The dividend is a relevant variable in determining…

Recall: Stock Returns Return = P1 - Po + D1 Po Recall: Stock Returns Return = P1 - Po Po P1 - Po + D1 Po D1 + Po = Recall: Stock Returns Return = P1 - Po Po P1 - Po + D1…

1 2 CHAPTER 10 DIVIDEND POLICY At the end of each year, every publicly traded company has to decide whether to return cash to its stockholders and, if so, how much in the…

Dividend Policy & theory LEARNING OBJECTIVES • Highlight the issues of dividend policy • Critically evaluate why some experts feel that dividend policy matters. •…

1. CORPORATE FINANCE13TH JULY 2011DIVIDEND THEORIES 2. DIVIDEND THEORIES There are three main categories advanced:1. Dividend relevance theories2. Dividend irrelevance…

1. Distributions to Shareholders: Dividends & Share Repurchases 16-1 2. What is dividend policy?16- 2 The decision to pay out earnings versus retaining and reinvesting…

Module F Atif Abidi www.canotes.net November 28, 2012 Business Finance Decisions Question Bank for Practice Revision Kit - Summer 2008 to Summer 2012 (ICAP Past Papers with…

Slide 1 Principles of Managerial Finance 9th Edition Chapter 13 Dividend Policy Slide 2 Learning Objectives Understand cash dividend payment procedures and the role of dividend…

Slide 1 Dividend Policy “I tell you Wellington is a bad general, the English are bad soldiers: We will settle the matter by lunch time” –Napolean Bonaparte Waterloo,…