1. Dividend policy Investors and financial managers focus more on changes in cash dividends than on the level of cash dividends. Why? 2. Information content of dividends What is meant by “the...

1. Dividend policy Investors and financial managers focus more on changes in cash dividends than on the level of cash dividends. Why?

2. Information content of dividends What is meant by “the information content of dividends”? Explain

May 26, 2022