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Basic Question 7 of 13

Under which dividend policy are dividends the least volatile?

A. stable dividend policy.
B. constant dividend payout ratio policy.
C. residual dividend policy.

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

compare stable dividend with constant dividend payout ratio, and calculate the dividend under each policy;

describe broad trends in corporate payout policies;

CFA® 2025 Level II Curriculum, Volume 3, Module 16.