Dividend reductions have long been considered a "last resort" action for firm managers. Managerial reluctance to reduce … dividends emanates from the view that dividend drops signal managerial pessimism regarding future earnings. Contrary to … expectations, studies show that earnings rebound significantly following a dividend reduction; yet investors react negatively to …

and cash dividends. We find that, in contrast to dividend cuts, shareholders do not view this option as bad news. They … flexibility by allowing temporary cuts in cash outflows without altering their nominal dividend policy …

cross-section, we show that both dividend levels and changes contain more earnings information among firms with weaker … information through their dividend changes. We show that for firms with strong investment opportunities, because funding … dividend payout …

This study analyzes the firm-specific factors affecting the dividend payout decisions of the companies whose shares are …–Bover/Blunder-Bond two-step system generalized method of moments, a statistically significant positive effect on dividend payout was found in … the relationship between the dividend payout of the previous year, the company’s return on equity and the market value …

The impact resulted from the dividend policy of a firm, on the volatility of the market value of stocks, is the major … the current year has a negative impact on the share price volatility, while the dividend payout ratio of both the current … being contrary in case of the share price volatility. Accordingly, the firms' ability of utilizing the dividend policy as a …

The Impact of dividend decision on the share price volatility in the Indian Stock Market is the subject matter of this … changes in the share prices are explained by Dividend Yield, Dividend Payout Ratio, Investment growth, Size of the Firm …, Leverage, and Earnings Volatility …