The international bibliography includes several theories regarding the dividend puzzle, one of the essential issues … exercised dividend policy giving emphasis to the description of the Lintner model. Using historical data for the period 1980 … earnings per share of the current period and the dividend of the previous period, in order to test the Lintner model. We found …

This research aims to explore the nexus between business strategy and dividend payments. Utilizing a dataset … strategies exhibit a higher propensity for dividend payments compared to defender firms. Our findings persist even when … prospector firms, stemming from overinvestment and capital expenditure reduction, contribute to an escalation in dividend payouts …