Discuss the 4 types of dividends. Which of the 4 is used most often, and why? What may happen to a company’s share price when dividends are announced or paid? Why do you think this is so?

Identify the drawbacks of using dividend growth model as part of valuing shares

Discuss the Modigliani and Miller theory. What did Modigliani and Miller assume about taxes and brokerage costs when they developed their dividend irrelevance theory? Discuss the bird - in - hand theory of dividends. How did the bird - in - hand theory get its name? What have been the results of the empirical tests of the dividend theories?

Ultimately what determines the value of a share of common stock? Which would be more appropriate for evaluating your company's stock price, a constant or non-constant growth model, and why?