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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">PBES</journal-id><journal-title-group><journal-title>Proceedings of Business and Economic Studies</journal-title></journal-title-group><issn>2209-2641</issn><eissn>2209-265X</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/pbes.v5i4.4202</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>An Analysis of the Influencing Factors of Kweichow Moutai’s Dividend Policy</title><url>https://artdesignp.com/journal/PBES/5/4/10.26689/pbes.v5i4.4202</url><author>WangMeng</author><pub-date pub-type="publication-year"><year>2022</year></pub-date><volume>5</volume><issue>4</issue><history><date date-type="pub"><published-time>2022-08-10</published-time></date></history><abstract>Dividend policy is one of the three main policies of financial management. A reasonable dividend policy is not only beneficial to a company’s development, but also the capital market’s growth and perfection. In order to develop a reasonable dividend policy, it is necessary to first analyze its influencing factors. 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