TAILIEUCHUNG - Lecture note Essentials of corporate finance – Chater 14: Dividends and dividend policy

In this chapter, you will: Understand dividend types and how they are paid, understand the issues surrounding dividend policy decisions, understand the difference between cash and share dividends, understand why share repurchases are an alternative to dividends. | 14- Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 14- Key Concepts and Skills Understand: Dividend types and how they are paid The issues surrounding dividend policy decisions The difference between cash and stock dividends Why share repurchases are an alternative to dividends 14- Chapter Outline Cash Dividends and Dividend Payment Does Dividend Policy Matter? Establishing a Dividend Policy Stock Repurchase: An Alternative to Cash Dividends Stock Dividends and Stock Splits 14- Cash Dividends Regular cash dividend = cash payments made directly to stockholders, usually each quarter Extra cash dividend = indication that the “extra” amount may not be repeated in the future Special cash dividend = similar to extra dividend, but definitely won’t be repeated Liquidating dividend = some or all of the business has been sold Return to Quick Quiz 14- Dividend Payment Chronology Declaration Date

• Tài chính doanh nghiệp
• Corporate finance
• Essentials of corporate finance
• Financial management
• Business finance
• Business organisation
• Dividend policy
• Intermediate corporate finance
• Lecture Intermediate corporate finance
• Tài chính doanh nghiệp
• Corporate valuation
• Value based management
• Fundamentals of corporate finance
• Business organization
• International corporate finance
• Capital market history
• Raising capital
• Financial leverage
• Financial reporting
• Social welfare
• Forward contracts
• The stock markets
• Basic return concepts
• Portfolio theory
• Bond valuation
• Basic stock valuation
• Accounting for financial management
• Analysis of financial statements
• Financial planning
• Forecasting financial statements
• Capital budgeting
• Decision criteria
• Estimating cash flows
• Real options
• Capital structure decisions
• The levered firm
• Cash management
• Financial distress
• Hedging risk
• Warrants and convertibles
• Principles of corporate finance
• Understanding options
• Valuing options
• Financial analysis
• Financial manager
• Financial institutions