Dividends and Payout Policy
Description/explanation on;
(1) Ratio Measures of Dividend Policy
(2) Types of Dividends
(3) Irrelevance of Dividend Policy
(4) Reasons to Pay Dividends
(5) Tax Treatments of Dividends and Capital Gains
(6) Clientele Effects
(7) Reasons for Repurchases
(8) Effects of Repurchases on EPS and Share Price
(9) Lifting the Legal Restrictions on Repurchases
(10) Signaling with Payout Policy
(11) Extent and History of Dividends and Repurchases