Lecture material and current business resources explain

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Reference no: EM131844074

Referencing textbook readings, lecture material, and current business resources explain why:

a) some companies may keep their cash dividend payouts very steady over time,

b) other firms tend to pay lower cash dividends, but use stock repurchases in addition to distributing cash

Give an example of a firm that recently changed its dividend by a large amount (reduced or increased) - what was the stock price reaction shortly after dividend revision announcement?

Reference no: EM131844074

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