examines whether investing in high-yield stocks is effective in the Korean market. Based on the dividend yield that is … estimated as ratio of the previous year's dividend to the stock price at the end of September, each year top 20 high … the difference between the theoretical price drop and actual pr e changes around the ex-dividend day, the average excess …

perspectives of stability, profitability, operational efficiency, dividend policy and capital growth rate. The results of the study … than commercial banks, while the dividend ratio is lower, which are very consistent results with previous studies. However …