Documents ©2009 McGraw-Hill Ryerson Limited 1 of 23 18 Dividend Policy and Retained Earnings Prepared by:...

Slide 1©2009 McGraw-Hill Ryerson Limited 1 of 23 18 Dividend Policy and Retained Earnings Prepared by: Michel Paquet SAIT Polytechnic ©2009 McGraw-Hill Ryerson Limited…

Documents The Dividend Controversy

The Dividend Controversy Should firms pay high dividends? Trap question one: An investor buys a share. It never pays a dividend. Is it valueless? No. The investor resells…