There is a comment that is opposite the dividend policy is critical to the value of the joint venture, according to The Bird in hand Theory the theory that the couple proposed that shareholders are pleased to receive the money. Dividend at the moment rather than profit from the price of the stock will increase in the future because the current dividend is. Of course, the compensation nonkwa shareholders will get back in the future, but in the actual situation. When there are changes to the stock dividend, there will be a change in the same direction with dividend changes.
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