Home / Questions / AFB, Inc.Ac€?cs dividend policy is to maintain a constant payout ratio. This year AFB, Inc
AFB, Inc.Ac€?cs dividend policy is to maintain a constant payout ratio. This year AFB, Inc. paid out a total of $2 million in dividends. Next year, AFB, Inc.Ac€?cs sales and earnings per share are expected to increase. Dividend payments are expected to:
A.increase above $2 million only if the company issues additional shares of common stock
B. decrease below $2 million
C. increase above $2 million
D. remain at $2 million
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