Question

Can a company have a target dividend yield for its shareholders? Why or why not? 

   Can a company have a target dividend yield for its shareholders? Why or why not?
Corporate Finance: Theory and Practice
Corporate Finance: Theory and Practice
Pascal Quiry, Yann… 6th Edition
Chapter 37, Problem 7 ↓

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It is calculated by dividing the annual dividend per share by the stock price.  Show more…

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Can a company have a target dividend yield for its shareholders? Why or why not?
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