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Dividend clientele

Definition:

A group of shareholders who prefer that the firm follow a particular dividend policy. Such a preference may be based on comparable tax situations.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Economic Cycle Research Institute Index

An independent research institute that studies business cycles and produces a widely-followed index of leading indicators.

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