Dividend Policy Full Chapter | Concept + Question Practice | FM by Modi Sir | HJ Classes

✈️ Telegram Channel – Free notes & PDFs: The complete Dividend Policy chapter—CONCEPT + QUESTIONS in one video. Walter, Gordon, MM, Graham & Dodd, Linter, Buyback, and Two-Stage Dividend Discount Model—sab kuch step-by-step, exam-oriented tarike se. Ek hi video me poora chapter tayyar. 📈 What's covered in this video: ✅ Walter Model—concept, formula, decision rule (r vs Ke) ✅ PE Ratio at which dividend policy becomes irrelevant ✅ Gordon Model — growth, b × r, D0 vs D1 ✅ Modigliani-Miller (MM) Approach — all 4 steps, with full proof ✅ Value at Beginning & Value at End formulas ✅ Graham & Dodd Model and Linter Model ✅ Reinvestment, Cum-Dividend vs Ex-Dividend ✅ Share Repurchase / Buyback question ✅ Two Stage Dividend Discount Model ✅ Every model backed with fully solved questions ⏱️ TIMESTAMPS 0:00 Introduction — Ultimate Revision Batch Begins 6:38 Walter Model — Concept Starts 15:30 Decision Rule—If r Ke, then DPO = 0 22:30 Walter's Formula—P₀ = D + (E − D) r/Kₑ / Kₑ 24:00 Walter Model Questions Begin 41:00 PE Ratio at Which Dividend Policy Becomes Irrelevant 49:05 Gordon Model — Concept Starts 58:48 Gordon Model Questions Begin 1:23:36 Modigliani-Miller (MM) Approach Begins 1:29:16 MM Step 1 — Price at the End (P1) 1:57:39 Graham & Dodd Model — Multiplier × (D + E/3) 2:05:09 Linter Model 2:12:36 Q14 — Share Repurchase (Buyback) 2:20:00 Two Stage Dividend Discount Model — Gordon Recap 2:36:56 Chapter Complete & Next — Cost of Capital 📚 Financial Management Sprint Series – SUBSCRIBE and hit the bell 🔔. #DividendPolicy #WalterModel #GordonModel #MMApproach #GrahamAndDodd #FinancialManagement #CAInter #CMA #BCom #FM #CAInterFM #CAInterSept2026 #CANipurnModi #ModiSir #HJClasses ━━━━━━━━━━━━━━━━━━━ 📲 WhatsApp Channel/Group join karo (notes, updates, schedule): 🌐 Website – Batches, Test Series & Study Material: ✈️ Telegram Channel – Free notes & PDFs: