The question concerning why companies pay dividends. According to some theorists, investors should not need dividends as an incentive to purchase stock in a company. Thus the question of why some firms pay dividends is a puzzle.
Related information about dividend puzzle:
- Dividend puzzle - Wikipedia, the free encyclopedia
The dividend puzzle is a concept in finance in which companies that pay dividends are rewarded by investors with higher valuations, even though, according to ...
- The dividend puzzle
Further reproduction prohibited without permission. The dividend puzzle. Black, Fischer. Journal of Portfolio Management; Dec 1996; ABI/INFORM Global pg. 8 ...
- Corporate finance: The dividend puzzle | The Economist
Jan 9, 2003 ... UNTIL recently there was much talk of the impending death of dividends. But a confluence of events has conspired of late to make bosses and ...
- The Dividend Puzzle - Institutional Investor Journals
The dividend puzzle. “The harder we look at the dividend picture, the more it seems like a puzzle, with pieces that just don't fit together. Fischer Black. W hy do ...
- Dividend Puzzle – A Review of Dividend Theories
Dividend Puzzle – A Review of Dividend Theories. This paper describes the discussion on divi- dends and dividend theories. The main part of that discussion is ...
- The Dividend Puzzle: The Relationship Between Payout Rates and ...
Do moderately high dividend payments increase or diminish stock values? The studies are mixed, but a look at the recent performance of stocks in the Dow ...
- Tax Policy and the Dividend Puzzle - JStor
This article offers a new explanation of the dividend puzzle, based upon a model in ... dividend puzzle, I derive a number of strong results concerning corporate ...
- Tax Policy and the Dividend Puzzle B. Douglas Bernheim
Aug 30, 2005 ... This article oflers a new explanation of the dividend puzzle, based upon a ... dividend puzzle, I derive a number of strong results concerning ...