As others in this thread have pointed out it really depends on your personal financial situation.
As a small business owner I try to take around $40K a year in dividends. By keeping money in the company my hope is to pay myself a sustainble rate throughtout my retirement. It helps that my wife is a nurse who has high earning power which allows us to qualify for loans easier.
Your relationship with your banker should also affect the decision. Banks differ on how they deal with small business owners looking for loans.
For the record I am not a designated accountant... but I did spend five years getting my accounting degree at U of C.
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