studied the effect of ex-dividend date for cash-dividend policy. We try to demonstrate the existence of abnormal returns by … examining stock trading situations before and after the ex-dividend date. We find that abnormal returns exist for listed Taiwan … firms before and after the ex-dividend date. If an investor buys the stock of a firm who adopts a cash-dividend payout at …

We empirically test whether the disposition effect has an asymmetrical impact on the price adjustment on the ex-dividend …) selling by holders of winning (losing) stocks will most likely accelerate (restrain) the downward price adjustment on the ex-dividend …

We use dividend-paying Nasdaq-listed firms as a setting to test various explanations of the ex-day price anomaly …. Similar to NYSE-listed firms, on average the prices of Nasdaq-listed firms drop by less than the dividend amount on the ex …-day. However, the average price-drop is half that observed for NYSE-listed firms and translates to an imputed dividend tax rate …

According to the signaling theory, dividend announcements are usually considered as a signal to the investors, about … response to dividend announcement in the Damascus Securities Exchange. The purpose of the study is to identify whether there … are any significant abnormal returns around the public announcement of dividend. An event study methodology is used for an …

Aggregate dividend growth is widely thought to be unpredictable by the dividend price ratio. I show that this lack of … regression of dividend growth on the dividend price ratio goes from being negative (-1.18%) to being positive (17.54%) and ….76%) and returns (1.86% to 4.40%). Out-of-sample R2 for dividend growth and returns are large and statistically significant. I …

This paper examines the present value framework that links market capitalization to non-dividend cash flows (i ….e., share repurchases and issuances) beyond the conventional price–dividend relationship. We show that total (dividend plus non-dividend … results come from the fact that total cash flow shocks exhibit a strong negative correlation with payout yield shocks. Non-dividend …

dividend pay-out ratio tends to increase over time, indicating that dividend policies do matter in the KSE and that dividends …

-the dividend and earnings yields-on the South African market, at both aggregated and sectoral level. Unlike most studies in South …

In this study, we want to investigate whether having a high dividend yield has a catalyst effect on stock prices during … the COVID-19 turmoil period. 164 manufacturing firms in Borsa Istanbul are classified as firms with high and low dividend … with high dividend yield are less impacted in this COVID-19 crash. Likewise, firms with a high frequency of dividend …