A flexible dividend policy requires some education at family…

A flexible dividend policy requires some education at family meetings. so that shareholders understand the issues and support the philosophy behind the policy. They need to be clear on how dividends work, where dividends come from, and how paying dividends can sometimes inhibit the growth of the company by depriving it of needed cash.

— from True North (Ethics, Integrity, Truth, Values)

Also belongs to

• Expanding Your Range (Growth/Change/Education/Learning/Habit)
• Family & Parenting (Family/Parenting)
• Failure & Resilience (Challenge/Failure/Perseverance/Accountability/Flexibility/Resilience)

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