This paper investigates the relationship between dividend payout and institutional ownership for all Australian listed … dividend-paying firms more than non-paying firms, and for the dividend-paying firms in our sample, institutional investors hold … more shares in the firms who pay higher dividends. We further explore the causality between dividend payout and …

I examine how institutions and individuals trade shares around ex-dividend days. I predict that institutions are more … likely than individuals to capture dividends for tax purposes by buying shares of a stock before it goes ex-dividend. I infer … individuals increase their net buying activities on the last cum-dividend days, especially in high dividend yield stocks; and that …

examine how dividend taxation affects payout. Utilizing an exogenous shock to dividend taxation, we show that absent any … frictions, dividend taxation has a large impact on payout. As agency issues and shareholder conflicts increase, owners' tax …-preferences have significantly smaller impact on payout. We identify three mechanisms that reduce the dividend-tax sensitivity …

site visits arouse more dividend-related proposals at following shareholder meeting. The paper supports the bright sideof …

This paper studies the impact of banks' dividend restrictions on the behavior of their institutional investors. Using … funds permanently decrease their ownership shares at treated banks during the 2020 dividend restrictions in the Eurozone and … ownership and banks' dividend yield, highlighting again the importance of dividends for European banks' fund investors. This …

For more than 50 years, researchers around the world have been searching for a solution to Blacks famous "dividend … "traditional view" of dividend taxation, German decision-makers cut back their dividend payments in response to the reduced …

The 2012 Dividend Tax Reform in China uniquely ties individual investors' dividend tax rates to the length of their … share holding period. We find that firms facing a reduction in their individual investors' dividend tax rate are more likely … to increase dividend payout, initiate dividends, and are less likely to omit dividends, compared with firms facing an …