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wrote...
Posts: 192
A week ago
The financial manager should:

▸ pay the highest dividend possible.

▸ never pay a dividend.

try to maximize the firm's earnings per share.


▸ try to maximize the after-tax payout to the shareholders, for a given payout amount.
Textbook 
Fundamentals of Corporate Finance
Edition: 2nd
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wrote...
Posts: 216
A week ago
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try to maximize the after-tax payout to the shareholders, for a given payout amount.
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