See Also: Tax differential view (of dividend policy)(money)
Tax differential view (of dividend policy)(finance)
Traditional view (of dividend policy)(money)
Traditional view (of dividend policy)(finance)
Perfect market view (of dividend policy)(finance)
Perfect market view (of dividend policy)(money)
Dividend policy(money)
Dividend policy(finance)
Signaling approach (on dividend policy)(money)
Signaling approach (on dividend policy)(finance)
Tax differential view (of dividend policy) (finance)
The view that shareholders prefer capital gains over dividends, and hence low payout ratios, because capital gains are effectively taxed at lower rates than dividends.
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