Do dividends announcements signal future earnings changes for Jordanian firms?
نویسندگان
چکیده
منابع مشابه
Do dividends convey information about future earnings?
Yes. We find that dividend changes predict future unexpected earnings changes in each of the next four quarters. These earnings impacts are persistent, leading to higher than expected earnings levels for at least three years after the dividend change. These results are robust to various measures of expected earnings, including analyst forecasts and a flexible function of past earnings and retur...
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ژورنال
عنوان ژورنال: Journal of Financial Reporting and Accounting
سال: 2018
ISSN: 1985-2517
DOI: 10.1108/jfra-03-2017-0021