11. In the end, the test of the Bells'dividend policies is what shareholders think. 12. Consequently, SPM can be used to value a growing company regardless of dividend policy . 13. The company announced recently a change in its dividend policy . 14. The relationship between r and k are extremely important to determine the dividend policy . 15. The company said its dividend policy " won't be affected " by the charge. 16. LucasVarity said major shareholders would be consulted before decisions on changing the dividend policy . 17. Under such circumstance, the big shareholders will encroach on the interests by dividend policy . 18. This, in effect, delegates the dividend policy from the board to the individual shareholder. 19. We have in the past followed a profit-oriented dividend policy , 20. Then Microsoft announced its dividend policy ( last week ).
