How the rivals reacted? An empirical analysis on the impact of dividend announcements on the rival firms’ stock valuation

• Main Author: Romero, Frederick P.
• Format: text
• Published: Animo Repository 2017
• Subjects: Dividends; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/1252; https://animorepository.dlsu.edu.ph/context/faculty_research/article/2251/type/native/viewcontent
• Institution: De La Salle University

Shareholders obtain their returns from capital gain of the stock prices and the income coming from the dividends payments by companies. The investors of the rival companies may choose to change its portfolio and invest in the companies issuing dividends to increase their returns. This study provides...