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Download or read book Earnings Information Conveyed by Dividend Initiations and Omissions (Classic Reprint) written by Paul M. Healy and published by Forgotten Books. This book was released on 2018-02-27 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Earnings Information Conveyed by Dividend Initiations and Omissions Together, the above three findings indicate that the information conveyed by dividend initiations and omissions is related to earnings changes in the year of and one year subsequent to the announcement of these dividend policy changes. This evidence is consistent with the dividend information hypothesis. The results are also consistent with l.intner's description that in making dividend policy decisions managers consider past, current and future earnings. Investors therefore interpret dividend initiations and omissions as changes in managements' About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.