On Stock Dividends, Share Prices, and Shareholder Wealth

Nelson H. Salita

Skip to main content Skip to main navigation menu Skip to site footer

On Stock Dividends, Share Prices, and Shareholder Wealth

Nelson H. Salita UP College of Business Administration

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

1992-01-01

Issue

Vol 3 (1992)

Section

Articles