Companion to Dividends and Dividend Policy

2017 | Business & Finance

The purpose of this book is to provide a comprehensive view of dividends and dividend policy by describing the current state of financial research and practices on this topic. The central focus of this book is how corporate distribution policy decisions affect shareholders. Dividend policy refers to the payout policy that a firm follows in determining the size and pattern of cash distributions to shareholders over time. Firms primarily distribute cash to shareholders in the form of cash dividends and stock repurchases. Although the vast majority of the book deals with these methods of distribution, it also covers other dividend-related topics such as dividend reinvestment plans, stock dividends and splits, and corporate governance.

H. Kent Baker (Author)