On Stock Dividends, Share Prices, and Shareholder Wealth

  • Nelson H. Salita U.P. Ceasar EA Virata School of Business

Abstract

The author examined stock dividend declarations and their impact on stock prices on and around the ex-dates for six Philippine companies during the 1988-1992 period.  The study finds that the market price does not adjust perfectly and that stockholder gains from stock dividends are possible.

Published
2016-09-01
How to Cite
SALITA, Nelson H.. On Stock Dividends, Share Prices, and Shareholder Wealth. Philippine Management Review, [S.l.], v. 3, sep. 2016. Available at: <http://ovcrd.upd.edu.ph/pmr/article/view/5348>. Date accessed: 25 june 2018.
Section
Articles