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 …

context, numerous papers considered threshold (refractive) and barrier (reflective) dividend strategies. These were shown to …, motivated by the behaviour of some dividend paying stock exchange companies, we determine the optimal dividend strategy when … surplus exceeds level $a>0$, and all of the excess over $b>a$ as lump sum dividend payments. Results are illustrated …

In the classical optimal dividends problem, dividend decisions are allowed to be made at any point in time - according … to a continuous strategy. Depending on the surplus process that is considered and whether dividend payouts are bounded or … combination of parameters a pure continuous, pure periodic or hybrid (including both continuous and periodic dividend payments …