the following days. This dividend pay date effect has strengthened since the 1970s, and is consistent with the temporary … price pressure hypothesis. The pay date effect is concentrated among stocks with dividend reinvestment plans (DRIPs), and is … larger for stocks with a higher dividend yield, greater DRIP participation, and greater limits to arbitrage. Over time …

This paper aimed to examine the effect of dividend on firm value, as well as the impact of audit quality on the … relationship between dividend and firm value in Malaysian firms, which was measured via financial statements audited by four large … mitigating information asymmetry that surrounds within dividend and firm value relationship. To the author’s knowledge, this …

We examine stock prices and the number of stocks traded around ex-dividend dates of German stocks with tax …-free dividend. Tax-free dividends are temporarily tax-exempt, as they reduce the initial purchasing price of a stock. With our … empirical results indicate that ex-date prices decline, on average, by the amount of the dividend. We do not find a significant …

and dividend as the independent variables while reported profits both at historical and current cost of the firm served as …

The article analyses inter-dependencies between dividend, capital structure, and cost of capital, factoring the … concentrated ownership. Dividend, leverage, and average cost of capital are inter-linked. However, family firms pay lower dividends …