Chap. 15 - Dividend Policy - Slides (1-3)

Dividend Theory - Slides (4-7)

1. Irrelevance of Dividends
2. Bird in the Hand Theory
3. Tax Preference Theory

Other Dividend Policy Issues - Slides (12-15)

1. Information Signaling
2. Clientele Effect

Stock Repurchases - Slides (31-33)

Stock Dividends and Stock Splits - Slides (34-37)