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2 years ago
The problem with a constant-payout-ratio dividend policy from the shareholders' perspective is that ________.
A) it pays constant dividend irrespective of the earnings of a firm
B) if the firm's earnings drop, the dividends tend to be lower
C) even when earnings are low, the company must pay a fixed dividend
D) there is no uniformity in this type of dividend policy
Textbook 
Principles of Managerial Finance
Edition: 14th
Authors:
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2 years ago
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"It is better to fail in originality than to succeed in imitation."
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2 years ago
Thanks again for helping me in my management class!
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