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The Sintar Corporation has just announced that it will pay $1.10 per share in dividends to its stockholders in the current quarter. The prior quarter's dividend was $1.00 per share. The announcement indicates which of the following?A)While the company was able to pay a higher dividend, management preferred a more conservative figureB)Management is sending a signal that the company has good projected future earnings. C)Management is sending a signal that it expects the economy to expand.D)The company has overextended its cash position and may have liquidity problems in the future.
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