via its impact on stock return synchronicity.We then examine if the difference between forecast and observed earnings for …

In contrast to the disappearing dividends view, we predict that variability in dividend payments increases investor … demand for dividend information and analysts respond to this demand by producing informative dividend forecasts. We examine … dividend payers from 16 countries spanning 2000–2013 and find that only 25% of firms exhibit sticky dividends, while the …

In this study, we analyze the forecast accuracy and profitability of buy recommendations published in five major German … financial magazines for private households based on fundamental analysis. The results show a high average forecast accuracy but … with a very high standard deviation, which indicates poor forecast accuracy with regard to individual stocks. The …