Kak
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Because if they cut their dividend it would hurt their stock.
Most companies issue a dividend that is at the level that is in the best interest of all considered factors. Stock price, capitalization, growth ability, etc. They change policy on this slowly.
If they cut dividend, you can find a different dividend company.
Most companies issue a dividend that is at the level that is in the best interest of all considered factors. Stock price, capitalization, growth ability, etc. They change policy on this slowly.
If they cut dividend, you can find a different dividend company.