Chapter 11 Dividend Policy
– a Company Act may make companies bound to pay dividends solely out of . accumulated net . realize. d profits. as in the UK. (c) The government which may impose direct restrictions. on the amount of dividends companies can pay. For example, in the UK in the 1960’s as part of a prices and income policy. (d) Any . dividend restraints. that might be imposed by . loan agreements. (e) The ... ................
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