Paying dividends: Cash or credit?
Paying dividends: Cash or credit?
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Publisher
London: Palgrave Macmillan UK
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Language
English
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Publisher
London: Palgrave Macmillan UK
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Scope and Contents
Contents
This paper examines to what extent firms utilize lines of credit to fund cash dividends. We find that higher dividend payouts are related to higher liquidity and that dividend-paying firms who experience cash shortages will utilize credit lines to continue dividend payments. Additionally, we show that credit lines are a permanent component of divid...
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Full title
Paying dividends: Cash or credit?
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TN_cdi_proquest_journals_2506661314
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2506661314
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ISSN
1470-8272
E-ISSN
1479-179X
DOI
10.1057/s41260-020-00180-3