International evidence on the payout ratio, earnings, dividends, and returns
Recent evidence for the U.S. market has shown that, contrary to popular wisdom, the greater the proportion of earnings paid out as dividends, the greater the subsequent real earnings growth. This study extends previous work by examining whether a similar relationship exists in 11 international marke...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
2006.
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| Subjects: | |
| Online Access: | Get fulltext |