Please explain the principle considerations of a board of directors in making decisions involving dividend declarations.

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section18.3: Capital Stock
Problem 1AYU
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Please explain the principle considerations of a board of directors in making decisions involving dividend declarations. 

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