The paper studies features of the formation of the dividend policy and the factors that determine the example of joint … development of effective dividend policy are tools that would allow property owners to maximize revenues. …

In a time of crisis, dividend policy is more important in decision of investment than in regular conditions. In Romania …

shareholder’s income (dividend payment versus capital gains), b) number of periods, c) fixed versus proportional return on capital …, and d) tax aspects. On base of Masulis and Trueman paper (1988) optimal dividend payout ratio was also proposed. …

under partial debt financing. Relationships between the two models are explored. Dividend policy irrelevance holds only in a …

required rate of return under partial debt financing. Dividend policy irrelevance holds. Finally, the firm-level and equity …-level models are extended to a situation with company taxes. Dividend policy irrelevance then no longer holds. …

The aim of this paper is to investigate the influence of the dividend policy on the share price volatility for the … experiential results showed significant negative effect of the two components of the dividend policy D_Y and D_P, on the share … price volatility, indicating that as the Jordanian industrial firms increase their dividend yield and/or dividend payout …