The Effect of Cash Dividends on Stock Prices

The Effect of Cash Dividends on Stock Prices

Blog Article

The purpose of this study is to measure how much the stock prices decline ofter ex-dividend date in Tehran Stock Belts Exchange.Another parpose of the study is to investigate whether the marginal tax rates of stock holders have any effect on the dividend policy of the companies listed in Tehran Stock Exchange.The results showed that the decline in stock price was less than the amount of dividend per share.The results also showed that tax rates of stockholders have no effect on amount of dividends declared Tread Set by the companies.