A financial literacy program of the Huntsville-Madison County Public Library 1.
Dividend Policy “I tell you Wellington is a bad general, the English are bad soldiers: We will settle the matter by lunch time” –Napolean Bonaparte Waterloo,
Chapter 15 Dividends. Background Dividends as a Basis for Value –Dividends are important in determining stock value Individual investors buy stocks expecting.
1 Chapter 11 – Investment Basics Investment is something that generates a return through dividends, interest and/or market appreciation –Speculation –
Review Goal: M aximize Value of the Firm Past Topics Investment Decision (spending money) Financing Decision (raising money) Future Topics “Variations.