The Dividend Decision
w Attitudes concerning dividend targets vary
w Dividend Change
1
1
target ratio EPS
DIV target dividend
= ×
=
1 0
1 0
target ratio EPS - DIV
DIV - DIV target change
= ×
=
The Dividend Decision
w Attitudes concerning dividend targets vary
w Dividend Change
1
1
target ratio EPS
DIV target dividend
= ×
=
1 0
1 0
target ratio EPS - DIV
DIV - DIV target change
= ×
=