Financial executives place the greatest importance

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Financial executives place the greatest importance on which one of these factors when setting dividend policy?

a) reducing dividends anytime future earnings are in doubt

b) increasing dividends even if they need to be lowered in the near future

c) attracting institutional investors

d) setting a high-dividend payout ratio even when earnings are unstable

e) maintaining a consistent dividend policy

Reference no: EM131594615

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