has not yet used to be ready to receive new development opportunities and;

b) there is reason to believe that the new rate will be maintained long term from now on, after taking into account the possibility of business downturn and new development opportunities.

Management sets a dividend policy that is widely accepted by informed investors, including those who firmly believe that the utmost care should be taken when increasing dividends and only in cases where there is a clear possibility of sustainability. maintain that ratio. Likewise, only reduce dividends in the worst-case scenario. Surprisingly, many corporate finance experts agree to pay the increased dividend in one go. They do this even when the unexpected dividend increases have no lasting impact on the stock market price, which also demonstrates the degree of contradiction between the above policy and the desires of investors. long-term.