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Dan Bridges, head of equity strategies for Paca Inc. a consultant to institutional investors makes the following statement:
Globally, the developed markets have seen a decline in dividend payout ratios over time. Lately, we have also seen an increase in the proportion of companies engaging in share repurchases.
Bridges’ statement is most likely: A. Incorrect as to dividend payout ratios. B. Incorrect as to companies engaging in share repurchases. C. Correct. |