Essay
The Framer Corporation has been doing poorly for several years. Over the last three years EPS fell from $3.00 to $2.00 and then to $1.50. Dividends, however, were held at $1.50 for the first two of those years, and then jumped to $1.80 last year, $.30 higher than earnings. What is likely to be behind this strange pattern? Would you invest in the company's stock?
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Holding the dividend up despite falling ...View Answer
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