Can we predict dividend cuts?

I examine the predictability of dividend cuts based on the time interval between dividend announcement dates using a large dataset of US firms from 1971 to 2014. The longer the time interval between dividend announcements, the larger the probability of a cut in the dividend per share, consistent wit...

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Main Author: Onali, Enrico
Format: Article
Published: Elsevier 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/52498/
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author Onali, Enrico
author_facet Onali, Enrico
author_sort Onali, Enrico
building Nottingham Research Data Repository
collection Online Access
description I examine the predictability of dividend cuts based on the time interval between dividend announcement dates using a large dataset of US firms from 1971 to 2014. The longer the time interval between dividend announcements, the larger the probability of a cut in the dividend per share, consistent with the view that firms delay the release of bad news.
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institution University of Nottingham Malaysia Campus
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publishDate 2016
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spelling nottingham-524982020-05-04T20:01:19Z https://eprints.nottingham.ac.uk/52498/ Can we predict dividend cuts? Onali, Enrico I examine the predictability of dividend cuts based on the time interval between dividend announcement dates using a large dataset of US firms from 1971 to 2014. The longer the time interval between dividend announcements, the larger the probability of a cut in the dividend per share, consistent with the view that firms delay the release of bad news. Elsevier 2016-09 Article PeerReviewed Onali, Enrico (2016) Can we predict dividend cuts? Economics Letters, 146 . pp. 71-76. ISSN 0165-1765 Dividend policy; Dividend dates; Signalling theory; Asymmetric information; US capital market https://www.sciencedirect.com/science/article/pii/S016517651630266X doi:10.1016/j.econlet.2016.07.026 doi:10.1016/j.econlet.2016.07.026
spellingShingle Dividend policy; Dividend dates; Signalling theory; Asymmetric information; US capital market
Onali, Enrico
Can we predict dividend cuts?
title Can we predict dividend cuts?
title_full Can we predict dividend cuts?
title_fullStr Can we predict dividend cuts?
title_full_unstemmed Can we predict dividend cuts?
title_short Can we predict dividend cuts?
title_sort can we predict dividend cuts?
topic Dividend policy; Dividend dates; Signalling theory; Asymmetric information; US capital market
url https://eprints.nottingham.ac.uk/52498/
https://eprints.nottingham.ac.uk/52498/
https://eprints.nottingham.ac.uk/52498/