interpreted as ‘dividends’. Subsequent literature on actuarial surplus models with dividend distribution has mainly focussed on … dividend strategies that either maximise the expected present value of dividends until ruin or lead to a probability of ruin … interested in modelling dividend policies that are consistent with actual practice in financial markets. In this short note, we …

periodically in real life, we study periodic dividend strategies whereby dividend decisions are made according to a Poisson arrival … process. In this paper, we investigate the impact of fixed transaction costs on the optimal periodic dividend strategy, and … that bring the surplus back to b _l as long as it is no less than b _u at a dividend decision time …

leakages were interpreted as 'dividends'. Subsequent literature on actuarial surplus models with dividend distribution has … mainly focussed on dividend strategies that either maximise the expected present value of dividends until ruin or lead to a … modelling dividend policies that are consistent with actual practice in financial markets. In this short note, we review the …