CFA Level 1_ Corporate Finance - Dividends and Share Repurchases_ Basics LOS 39

Learning CFA program is the best option for learning Investing and Financing. This chapter includes :

1 .Compare theories of dividend policy and explain implications of each for share value given a description of a corporate dividend action;

2. describe types of information (signals) that dividend initiations, increases, decreases, and omissions may convey;

3. explain how clientele effects and agency issues may affect a company's payout policy;