Stock Price Reactions on NASDAQ Stock Exchange for Special Dividend Announcements

Effect of Dividend Policy Measures on Stock Price volatility in Tehran Stock Exchange

This paper aims to determine the impact of dividend policy on stock price volatility by taking firms listed on Tehran stock exchange.  A sample of 68 listed companies from Tehran stock exchange is examined for a period from 2001 to 2012.  The estimation is based on cross-sectional ordinary least square regression analysis to find the relationship between share price volatility and dividend poli...

How dividend announcements affect stock prices

Stock Price Sensitivity to Dividend Changes

This paper examines the stock price sensitivity to dividend changes. The Dividend Signaling, the Free-Cash-Flow, the Maturity and the Catering Hypotheses all predict an average positive (negative) reaction to announcement of a dividend increase (decrease). However, these hypotheses have different cross-sectional predictions. This paper documents that the positive stock price response to dividen...

Stock Price Clustering on the Istanbul Stock Exchange

Increased competition during the last two decades forces organizers of financial exchanges to reconsider the optimality of their design. One feature of an exchange is the tick rule it employs. During the last decade, reduction in tick size has been a common practice. This study examines an emerging market that represents a polar case because of its apparently large tick size relative to stock p...

Dividend Policy and Its Impact on Stock Price – A Study on Commercial Banks Listed in Dhaka Stock Exchange

How do dividend policy decisions affect a firm’s stock price, is a widely researched topic in the field of investments and finance but still it remains a mystery that whether dividend policy affects the stock prices or not. There are those who suggest that dividend policy is irrelevant because they argue a firm’s value should be determine by the basic earning power and business risk of the firm...