Results 171 to 180 of about 604 (207)
Some of the next articles are maybe not open access.
DIVIDEND POLICY AND TARGET PAYOUT RATIOS
Accounting & Finance, 1984Abstract:This paper is concerned with a study of the dividend policies of large Australian companies. A majority of the firms studied used an explicit target payout ratio, reflecting an objective of distributing a more or less fixed proportion of profits in the long run.
openaire +1 more source
Market Responses to Dividend Increases and Changes in Payout Ratios
The Journal of Financial and Quantitative Analysis, 1983folios are chosen on the basis of the effect of the dividend increases on the divi? dend payout ratio (dividends/earnings). We use the dividend payout ratio as a reflection of the dividend strategy of a firm. An increase in the dividend payout ratio would then imply a higher dividend payout strategy and should be accompanied by a decrease in price if ...
Arjun Divecha, Dale Morse
openaire +1 more source
International Evidence on the Payout Ratio, Earnings, Dividends, and Returns
Financial Analysts Journal, 2006Recent evidence for the U.S. market has shown that, contrary to popular wisdom, the greater the proportion of earnings paid out as dividends, the greater the subsequent real earnings growth. This study extends previous work by examining whether a similar relationship exists in 11 international markets and by considering the role the payout ratio plays ...
ap Gwilym, Owain +3 more
openaire +2 more sources
What Determines the Dividend Payout Ratio for Jordanian Industrial Firms?
Journal of Emerging Market Finance, 2012There is a plethora of empirical evidence testing theories which have been proposed to explain dividend policies and assessments of managerial opinions for firms listed on developed markets’ stock exchanges. In contrast, the evidence for emerging markets is limited.
Philip A. Hamill, Wasim Al-Shattarat
openaire +1 more source
International evidence on payout ratio, returns. earnings and dividends [PDF]
, 2004 Recent US evidence has shown that, contrary to popular wisdom, the greater the proportion of earnings paid out as dividends, the greater the subsequent real earnings growth. We extend previous work by examining whether a similar relationship exists in eleven international markets as well as considering the role payout ratio plays in explaining future ...
Ap Gwilym, Owain +3 more
openaire
Target Payout Ratios and Dividend Policy: British Evidence
Managerial Finance, 1992This paper features a study of the dividend policies of the larger listed British companies. It focusses on the sample companies' usage of target payout ratios. A company with a target payout is defined as one which has a policy of attempting to pay out a fixed proportion of available earnings as dividends.
openaire +1 more source
A Study on Determinants of Dividend Payout Ratio
Korean Review of Corporation Management, 2020Taek-Mun Jung, Kang-One Jung
openaire +1 more source
GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS
Journal of Financial Research, 1982AbstractA model of optimal dividend payout is presented in which increased dividends lower agency costs but raise the transactions cost of external financing. The optimal dividend payout minimizes the sum of these two costs. A cross‐sectional test of the model relates dividend payout to the fraction of equity held by insiders, the past and expected ...
openaire +1 more source
The impact of R&D intensity, financial constraints, and dividend payout policy on firm value
Finance Research Letters, 2021Taeyong Yang, Peter Koveos
exaly