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There are various theories that attempt to explain a firms dividend policy. Select four listed...

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Accounting

There are various theories that attempt to explain a firms dividend policy. Select four listed companies from 4 different industries in Africa and obtain data on their dividend policy and profitability for the last three available years (at least 2013 and above). With reference to the evidence provided by your chosen companies, critically evaluate with relevant literature the various dividend pay-out theories.

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