Answers to Text Discussion Questions

Thus, a low payout ratio is not necessarily bad news. Companies that believe they have many good opportunities for growth, such as Nike and Reebok, will reinvest those funds in the company rather than pay high dividends. In fact, dividend payout ratios for the 500 largest U.S. companies currently are very low relative to historical rates. ................
................

In order to avoid copyright disputes, this page is only a partial summary.