Bird in the hand argument

• The belief, in support of dividend relevance theory, that current dividend payments ( a bird in the hand ) reduce investor uncertainty and ultimately result in a higher value for the firm's shares.

 Embedded terms in definition
 Dividend relevance theory

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The most important thing about a man is what he believes in the depth of his being. This is the thing that makes him what he is, The thing that organizes him and feeds him; the thing that keeps him going in the face of untoward circumstances; the thing that gives him resistance. Hugh Stevenson Tigner


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