Construct · 1 fields · 1 citations

dividend puzzle: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Corporate finance

the unexplained fact that firms pay dividends and investors value them even though dividends are tax-disadvantaged relative to capital gains.

In corporate finance, dividend puzzle refers to the unexplained fact that firms pay dividends and investors value them even though dividends are tax-disadvantaged relative to capital gains. This meaning comes from Black (1976) in The Journal of Portfolio Management.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how dividend puzzle sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructs dividend2 fields · 4 citationsjingle · one word, two constructs portfolio3 fields · 3 citationsjingle · one word, three constructs

References

Black, F. (1976). The Dividend Puzzle. The Journal of Portfolio Management, 2(2), 5-8. https://doi.org/10.3905/jpm.1976.408558

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct