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| Tekijä: | DeAngelo, H. DeAngelo, L. Skinner, D. J. |
| Otsikko: | Are dividends disappearing? Dividend concentration and the consolidation of earnings |
| Lehti: | Journal of Financial Economics
2004 : JUN, VOL. 72:3, p. 425-456 |
| Asiasana: | Corporate finance Dividend policy Dividends Earnings |
| Vapaa asiasana: | Dividend concentration Consolidation of earnings |
| Kieli: | eng |
| Tiivistelmä: | This article examines why aggregate real dividends paid by industrial companies increased in the past two decades even though the number of dividend payers decreased by over 50%. This reflects high and increasing concentration in the supply of dividends, which in return reflects high and increasing earnings concentration. |
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