returns and expected dividend growth to movements in the price-dividend ratio. We show that both models involve serious … the corrected inferences indicate that the aggregate data of dividends and returns alone do not provide strong enough …

-free dividend. Tax-free dividends are temporarily tax-exempt, as they reduce the initial purchasing price of a stock. With our …We examine stock prices and the number of stocks traded around ex-dividend dates of German stocks with tax … empirical results indicate that ex-date prices decline, on average, by the amount of the dividend. We do not find a significant …

This paper examines the impacts of dividend policy and ownership structure on stock price volatility in the Vietnamese … market. The study also tests for the moderating effect of foreign/state ownership on the dividend policy–price volatility … robust results indicate that dividend yield mitigates stock price volatility in the emerging market of Vietnam. The price …

activity and five possible liquidity determinants: market capitalisation, dividend yield, earnings yield, company growth and …