Higher dividend per share is associated with:
(a) High earnings, high cash flows, unstable earnings and higher growth opportunities
(b) High earnings, high cash flows, stable earnings and higher growth opportunities
(c) High earnings, high cash flows, stable earnings and lower growth opportunities
(d) High earnings, low cash flows, stable earnings and lower growth opportunities
Higher dividend per share is associated with high earnings, high cash flows, stable earnings and lower growth opportunities.