Essay on Dividend Policy of a Company | Policies | Accounting

Read this essay to learn about:- 1. Meaning of Dividend 2. Dividend Versus Market Price 3. Dividend Versus Capital Gains 4. Clientele Effect and Dividend Policy 5. Dividend Irrelevance Theory 6. Residual Dividend Model. Essay # 1. Meaning of Dividend: Dividend is return to the shareholders. Preference shareholders get fixed dividend. So there is a policy decision involved in it. [...]