Valuation, Dividend Yield, and the Expenditure Savings Multiple

被引：0

作者：

Bennet, Alcide ^{[1
]}

Renfro, Brandon ^{[2
]}

机构：

[1] East Texas Baptist, Marshall, TX 75670 USA

[2] East Texas Baptist Univ, Marshall, TX USA

来源：

ECONOMICS BULLETIN | 2020年 / 40卷 / 01期

关键词：

EARNINGS;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper we examine the relationship between valuation, dividend yield, and the ability to sustain a retirement spending goal through dividends. We call our measure the expenditure savings multiple. Our measure helps frame the question as to whether a retirement spending goal can be satisfied through dividends alone.

引用

页码：96 / +

页数：6

共 9 条

[1] Penalty or Benefit? The Effect of Dividend Taxes on Stock Valuation
Huang, Wen-hsin
Lin, Suming
Huang, Mei-Hua
INNOVATIVE MOBILE AND INTERNET SERVICES IN UBIQUITOUS COMPUTING, IMIS-2018, 2019, 773 : 829 - 838
[2] Effects of dividend tax and signaling on firm valuation: Evidence from taxable stock dividend announcements
Kuo, Nan-Ting
Lee, Cheng-Few
PACIFIC-BASIN FINANCE JOURNAL, 2013, 25 : 157 - 180
[3] The dividend displacement property and the substitution of anticipated earnings for dividends in equity valuation
Penman, SH
Sougiannis, T
ACCOUNTING REVIEW, 1997, 72 (01): : 1 - 21
[4] Abnormal Dividend-Yield Returns and Investment Strategy
You, Chun-Fan
Huang, Chin-Sheng
Huang, Jiang-Chuan
EMERGING MARKETS FINANCE AND TRADE, 2017, 53 (03) : 544 - 553
[5] A new sustainable dividend policy and valuation model: Decreasing growth rate model
Kudar, Alibey
Sayilgan, Guven
MANAGERIAL AND DECISION ECONOMICS, 2021, 42 (06) : 1638 - 1642
[6] Market Valuation of Intangible Asset: Evidence on SG&A Expenditure
Banker, Rajiv D.
Huang, Rong
Natarajan, Ram
Zhao, Sha
ACCOUNTING REVIEW, 2019, 94 (06): : 61 - 90
[7] Stock returns, dividend yield, and book-to-market ratio
Jiang, Xiaoquan
Lee, Bong-Soo
JOURNAL OF BANKING & FINANCE, 2007, 31 (02) : 455 - 475
[8] Extended Dividend, Cash Flow, and Residual Income Valuation Models: Accounting for Deviations from Ideal Conditions
Heinrichs, Nicolas
Hess, Dieter
Homburg, Carsten
Lorenz, Michael
Sievers, Soenke
CONTEMPORARY ACCOUNTING RESEARCH, 2013, 30 (01) : 42 - 79
[9] The relevance to firm valuation of research and development expenditure in the Australian health-care industry
Mitrione, Lorena
Tanewski, George
Birt, Jacqueline
AUSTRALIAN JOURNAL OF MANAGEMENT, 2014, 39 (03) : 425 - 452

← 1 →