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Reference no. 9-295-059
Prize winner
Published by:
Harvard Business Publishing (1995)
13 December 1995
17 pages
Data source:
Published sources
A Wall Street analyst has just learned that FPL (the holding company for Florida's largest electric utility) may cut its dividend in several days despite a 47-year streak of consecutive dividend increases. In response to the deregulation of the electric utility industry, FPL has substantially revised its competitive strategy over the past several years. The analyst must decide whether a change in dividend policy will be a part of FPL's financial strategy in this deregulated environment.
Florida, 1994, USD5.3 billion revenues, 12,400 employees
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