The market valuation of cash dividends: A case to consider
Since early 1956 Citizens Utilities Company has had two classes of common stock which are virtually identical in all respects except dividend payout. One class pays only stock dividends, the other class pays only cash dividends, and the corporate charter requires that the dividends per share on the...
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Veröffentlicht in: | Journal of financial economics 1978-01, Vol.6 (2), p.235-264 |
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Format: | Artikel |
Sprache: | eng |
Online-Zugang: | Volltext |
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