Juelsrud, Ragnar Enger; Nenov, Plamen T. - 2022
consistent with a theory of dividend payouts, in which the payout policy has a (short-run) stabilizing role on the bank …We study the dividend payouts of U.S. banks during the 2008 financial crisis. Using a difference … the rollover crisis that took place in 2008, increased their dividend payouts relative to less exposed banks. This …