price reaction to dividendannouncements. Tax-based signaling models argue that dividends would not haveinformation and be … investigatethis issue using a unique data set where there are no taxes on dividends and capital gainsand stock prices are decimalized …. In this economy, any price decline that is smaller thanthe dividends can not be attributed to taxes and price …

of them (those that had already approved dividend pay-outs before the recommendation) were able to pay dividends during …

sector. Using granular data on euro area-based mutual funds’ holdings, we show that demand for dividends motivated portfolio …

dividends, inspired by the de Finetti problem of maximizing expected discounted cumulative dividends until ruin, where we …

This article examines the propensity to pay dividends in the U.S banking sector during 1973-2014. Although the … propensity to pay dividends has been declining over the 52 years of our sample period, banks are consistently more likely to pay … dividends than non-financial firms. Using the coefficients from logit models estimated early in the sample period to forecast …

Relying on a US bank sample, we document the double-edged sword of dividends on the bank's riskiness. Paying dividends …-payers, consistent with the Dividend-Stability Channel. However, among banks that pay dividends, excessive dividends makes them riskier …

dividends. No evidence is found to support that family ownership and state ownership have an impact on dividend yield. Hence … to pay dividends. The results also indicate that Jordanian listed firms have highly concentrated ownership structures and …