- CFA Exams
- CFA Level I Exam
- Topic 4. Corporate Issuers
- Learning Module 16. Analysis of Dividends and Share Repurchases
- Subject 5. Payout policies
CFA Practice Question
Under which dividend policy are dividends the least volatile?
B. constant dividend payout ratio policy.
C. residual dividend policy.
A. stable dividend policy.
B. constant dividend payout ratio policy.
C. residual dividend policy.
Correct Answer: A
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