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A constant-payout-ratio dividend policy is based on the payment of a certain percentage of earnings ...

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A constant-payout-ratio dividend policy is based on the payment of a certain percentage of earnings ...

A constant-payout-ratio dividend policy is based on the payment of a certain percentage of earnings to owners in each dividend period.

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Principles of Managerial Finance

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

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