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What Do Stockholders Like?
Clendenin, John
1/1  (Fall 1958): 47-55

Examines the effect of dividend payout policy on stock price by comparing the price-earnings ratios of high-payout and low-payout stocks which are closely similar. Observations on preferences of individual stockholders; Approval of the rights to subscribe to new stock at prices below the market; Summary of a survey on stockholder preferences.

 

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