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Distribution of incomes of corporations among dividends, retained earnings and taxes
J Lintner
- Vol. 46, Iss: 2, pp 97-113
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Lintner as discussed by the authors discusses the distribution of income of corporations among dividends, retained earnings, and taxes in the context of the Sixtyeighth Annual Meeting of the American Economic Association.Abstract:
Distribution of Incomes of Corporations Among Dividens, Retained Earnings, and Taxes Author(s): John Lintner Source: The American Economic Review, Vol. 46, No. 2, Papers and Proceedings of the Sixtyeighth Annual Meeting of the American Economic Association, (May, 1956), pp. 97-113 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/1910664 Accessed: 26/06/2008 14:06read more
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The Relationship between Earning, Dividend, Stock Price and Stock Return: Evidence from Iranian Companies
Abstract: The purpose of this paper is to investigate whether the current period earning divided by stock price at the beginning of the stock market period, current period dividend divided by stock price at the beginning of the stock market period, prior dividend divided by stock price at the beginning of the stock market period and the reverse of stock price at the beginning of the stock market period are relevant to explain stock market returns in Iran. We used cross-section, pooled data and panel data regression models for testing the effects of the above variables on stock returns. The results show that in some years, shareholders pay special attention to dividends and also the variable prior dividend divided by stock price at the beginning of the stock market period affects stock return. Moreover, there is a significant relationship between current period earning divided by stock price at the beginning of the stock market period and stock return. Thus, results theoretically support the existence of relationship between earning, dividend and stock return.
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Examining Application of Lintners Dividend Model in Indian Banking Industry
TL;DR: In this article, the applicability of Lintner's (1956) dividend policy in banking sector in India was re-examine and the results indicated that the major determinants of current dividend are lagged dividend and current earnings in case of both PSBs and PBs.