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This document discusses dividend policy and the Indian capital markets. It begins by explaining different dividend policy models like residual dividend policy, dividend stability policy, and hybrid dividend policy. The residual policy pays dividends from leftover earnings after funding capital expenditures and maintaining target debt ratios. The stability policy pays a set fraction of annual earnings each quarter to reduce uncertainty. The hybrid policy combines aspects of the stability and residual policie

Author

Keran Varma

Language

EN