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Linter's observations

• John Lintner's work (1956) suggested that dividend policy is related to a target level of dividends and the speed of adjustment of change in dividends.

 
 Embedded terms in definition
 Change
Dividend policy
Dividends
Dividend
Speed

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Remember not only to say the right thing in the right place, but far more difficult still, to leave unsaid the wrong thing at the tempting moment. - Benjamin Franklin

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