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How high dividend pay-out sets the floor for stock price

Sep 22, 2014
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How can high dividend payment set the floor price for stock? Let’s look through an example

Noida toll bridge Company - The Noida Toll Bridge Company Ltd (NTBCL) has been promoted by Infrastructure Leasing and Financial Services Ltd (IL & FS) and New Okhla Industrial Development Authority (NOIDA), as a special purpose vehicle (SPV) to develop, construct, …

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