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FOR DISCLOSURES AND OTHER IMPORTANT INFORMATION, PLEASE REFER TO THE BACK OF THIS REPORT. January 29, 2014 Authors Michael J. Mauboussin [email protected]

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1. McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. 2. 17-2Payout PolicyFirms can pay cash to shareholders in two major ways;cash…

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6 | P a g e An overview of Dividend Policy Dividend is that portion of net profits which is distributed among the shareholders. The dividend decision of the firm is vital…

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Slide 1 1 CHAPTER 16: CAPITAL STRUCTURE – BASIC CONCEPTS Topics: –16.1-16.2 The Basics –16.3-16.4 Capital Structure in Perfect Markets Modigliani and Miller: Proposition…

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