In this note we value and hedge European options on assets paying discrete stochastic dividends. Our hedging strategy is based only on the underlying asset, risk-free bonds and dividend strips. Our simple strategy is easily seen to be compatible with early results based, among other things, on the existence of a dividend forward contract. Such contracts, however, are not traded in the market pl...

The increase in stock prices is strongly influenced by dividends per share, earnings return on investment, and price book value. data collection technique this study uses financial report from all manufacturing companies listed the Indonesia Stock Exchange 2018, which are 131 a purposive sampling technique. results of both partially simultaneously show that Dividend Per Share (DPS) has an influ...

In accounting models of value, dividends typically appear to have a strong positive relationship with value despite theoretical reasons to expect dividend displacement. We show that this result is driven by the relationship between dividends and both core earnings and other information derived from the valuation error in the prior year. Where core earnings can be effectively modelled in a speci...

in this paper, a compound binomial risk model in the presence of a constant dividend barrier is studied. two types of individual claims, main claims and by-claims, are defined, where every by-claim is induced by the main claim randomly and may be delayed for one time period with a certain probability. in the evaluation of the moments of the present value of dividends, the interest rates are ass...

Background: Tariff setting in healthcare is an important control knob affecting the quality, access and cost of services. As part of Iran Health Transformation Plan (HTP) in 2014, the relative value of health care and services was increased to motivate healthcare providers to deliver high quality services. This study aimed to examine the impact of HTP on health services tariffs. Methods: This ...