haku: @indexterm DIVIDEND POLICY / yhteensä: 136
viite: 12 / 136
Tekijä: | Lettau, M. Ludvigson, S.C. |
Otsikko: | Expected returns and expected dividend growth |
Lehti: | Journal of Financial Economics
2005 : JUNE, VOL. 76:3, p. 583-626 |
Asiasana: | Dividend policy Finance Risk premium |
Kieli: | eng |
Tiivistelmä: | This article examines a consumption-based present-value relation that is a function of future dividend growth. The writers find that changing forecasts of dividend growth are an important feature of the post-war U.S. stock market. |
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