Dividend policy

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Dividend policy

Standards by which a firm determines the amount of money it will pay as dividends.

Dividend Policy

The amount of a dividend that a publicly-traded company decides to pay out to shareholders. The dividend policy may change from time to time. Factors affecting a dividend policy include the company's earnings for the relevant period and its expected performance in the near future. Many companies, especially startups, have a rather stingy dividend policy because they plow back much of their earnings into further development. Established companies, such as blue chips, tend to have relatively liberal dividend policies. However, some research, notably Miller and Modigliani's irrelevance proposition, suggests that a company's dividend policy does not impact its performance in any way. See also: Dividend clientele, Signaling approach (on dividend policy).

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North American Construction Group announced that its board has approved a change to its dividend policy whereby the company's regular dividend will be increased to CDN 16c per common share per year, payable on a quarterly basis, up from the current CDN 8c per year.

North American Construction Group increases dividend

Eisai strive for an 'optimal dividend policy based on an optimal capital structure' that depends on long-term balance sheet management.

Eisai Co., Ltd. - Notice Regarding Revisions of Dividend Forecasts for Fiscal Year Ending March 31, 2020

M2 EQUITYBITES-May 10, 2019-Pandox decides on new dividend policy

Pandox decides on new dividend policy

Saeed Al Rashdi and Deputy CEO, John Carey along with other senior management discussed the recently announced progressive new dividend policy as well as reiterating their confidence in the Company's strong growth prospects and cash flow generation ability going-forward.

ADNOC Distribution Building Bridges at the ADX

With this background, there is reason to believe that CBs and IBs differ in the way they set their financial policies including, among others, the dividend policy. There is also reason to believe that they responded differently to the recent global financial crisis that started in 2008.

Dividend policy as a multi-purpose mechanism; the case of conventional and Islamic banks before and after the 2008 crisis

Ownership structure and dividend policy have been the debatable financial issue for the firms over the last few decades.

Impact of Ownership Structure On Corporate Dividend Policy and Performance

SMFB said its liquidity and leverage profiles remained stable and attractive, allowing the company to set a cash dividend policy of up to 60 percent of the prior year's recurring net income.

SMFB set to pay high dividends

The company intends to maintain its long-standing dividend policy to its shareholders in FY 2018 and beyond.

TE aims to increase contribution of marine cables, data centres to revenues by 25%

Dividend policy is thought as a complex data which to be passed to the shareholders in returning their investments made beforehand.

The Impact of Dividend Policy on Shareholders' Wealth in Malaysia

Based on these expectations, analysts and Samsung C and T said it came out with a "surprising" dividend policy.

Better numbers, better dividends

Relevant works highlighted the importance of dividend policy under distinct theoretical frameworks and gave rise to a prominent body of research (Black, 1976; Lintner, 1956; Miller & Modigliani, 1961).

Nonfinancial Firms as Large Shareholder Use Dividend Policy for Management Monitoring in Brazil/Firmas nao financeiras como grande acionista usam politica de dividendos para monitoramento da gestao no Brasil