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Exact(60)
One problem is the lack of dividend income.
The result could be that shares of dividend-paying companies will become more expensive to borrow around the time of dividend or deemed-dividend payments.
Now they are favoured for their steady stream of dividend income.
There may also be disquiet over the lack of dividend payments over the last few years.
Scrapping two years' worth of dividend payments could save a further 1.4 billion euros.
This would allow bosses to offset the costs of dividend payments against their tax bill.
The size and frequency of dividend payments are critical issues in company policy.
The interplay of dividend taxation on retirement accounts could be important.
I think there could be some erosion of dividend levels; we'll have to see.
They also take £15,000 from the business in the form of dividend income.
But it said the 60 announcements of dividend eliminations were 27percentt less than in 1999.
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