Business, Management and Accounting
5 years ago

Dividend changes drive stock returns, reshaping investor reactions in US market.

2 views
The Impact of Dividend Changes on Stock Return in the US Stock Market
Alexander Laan

Paper Summary

The study looked at how changes in dividends affect stock returns in the US market. By analyzing recent data, researchers found that stock prices tend to go up after a company announces a dividend increase. However, this relationship is not as strong as it used to be in the past. This suggests that investors are now less convinced about the importance of dividends for their investments.

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