price which means that these results are against dividend irrelevance theory. For other independent variables profit after … attempt has been made to see the affect of dividend yield, dividend payout ratio, return on equity, earning per share and … profit after tax on stock prices in Pakistan. For this purpose four non financial sectors (Sugar, Chemical, Food and personal …

This paper compares the efficiencies of dividend and earnings growth models with a historical model in predicting the … absolute expected ERP under three models: (a) dividend growth model (Gordon, 1959), (b) earnings growth model and (c … continuously compounding returns (log returns). The results show that the dividend growth model emerges as the most efficient model …

econometric methods to control for differences between dividend paying and non-dividend paying firms, we show weaker price and … volume reactions to earnings announcements (EAs) for payers, consistent with investors using dividend information as a … (higher) for dividend payers relative to non-payers, consistent with managers responding to the decreased attention to …

market value and dividend payout ratio significantly positively impact the stock holding period. In contrast, earnings per …