investment management

Provide a critical discussion of the company’s dividend policy.

In a letter to Berkshire Hathaway Inc shareholders in 1984, Warren Buffet made the following statement: ‘Dividend policy is often reported to shareholders, but seldom explained. A company will say something like, “Our goal is to pay out 40% to 50% of earnings and to increase dividends at a rate at least equal to the […]

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