Αποτελέσματα Αναζήτησης
This study examines the ex-dividend day trading behavior of all investors in the Finnish stock market. Consistent with dynamic dividend clientele theories, investors with a preference for dividend income buy shares cum-dividend and sell ex-dividend; the reverse is true for investors with the opposite preference.
Intraday estimates for dividend drop ratios are consistently higher than those calculated with end of day prices. Further findings indicate that stocks trading ex-dividend, on average, underperform the market over the following month. We attribute this phenomenon to dividend capture trading by tax advantaged and tax indifferent market participants.
Ex-Dividend Profitability and Institutional Trading Skill TYLER R. HENRY and JENNIFER L. KOSKI* ABSTRACT We use institutional trading data to examine whether skilled institutions exploit posi-tive abnormal ex-dividend returns. Results show that institutions concentrate trading around certain ex-dates, and earn higher profits around these events.
3 Νοε 2023 · To fully grasp the concept of ex-dividend, it's essential to understand how it works in practice. Let's delve into the basics of ex-dividend and explore some examples to gain a clearer understanding. When a company declares a dividend, it sets specific key dates associated with the dividend payment.
The next date of note is the ex-dividend date, at which time investors must have bought the stock to receive the dividend. Because the dividend is not received by investors buying stock after the ex-dividend date, the stock price will generally fall on that day to reflect that loss.
4 Ιουλ 2024 · The ex-dividend date is one of four stages that companies go through when they pay dividends to their shareholders. The ex-dividend date determines whether the buyer of a stock will be entitled to...
investigates the size of the ex-dividend day price drop, the magnitude of trading by investor category, the determinants of trading activity, and the degree of tax arbitrage activity as a fraction of total trading volume.
