| 41. | "This charge won't have any adverse effect on our cash flow, credit rating or dividend policy ."
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| 42. | The bank's dividend policy is to pay shareholders a maximum of 70 percent of the bank's earnings.
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| 43. | Iceland said the business continues to generate cash and that it plans to maintain its dividend policy.
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| 44. | The retailer also said it would consider a share buyback or a possible change in dividend policy.
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| 45. | Fletcher said that one advantage of the split is the company's ability to vary its dividend policy.
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| 46. | In all instances, the appropriate dividend policy is usually directed by that which maximizes long-term shareholder value.
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| 47. | Dividend policies are often intended to smooth out payments rather than leave investors exposed to fluctuting profits.
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| 48. | It expects all three new companies to have dividend policies comparable to similar companies in their industries.
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| 49. | "Our dividend policy was always subject to no political or regulatory changes, " he said in an interview.
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| 50. | Fletcher said another advantage of splitting the ordinary shares is the company's ability to vary its dividend policy.
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