On Stock Dividends, Share Prices, and Shareholder Wealth
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: <https://journals.upd.edu.ph/index.php/pmr/article/view/5348>. Date accessed: 19 aug. 2025.
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Articles