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Keywords: BHC stock
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Journal Articles
Journal:
American Journal of Business
Mid-American Journal of Business (1988) 3 (1): 32–36.
Published: 22 April 1988
...Adi S. Karna; Duane B. Graddy This paper analyzes the relationship between dividend policy and the rate of return on bank holding company (BHC) stocks. We hypothesize that the representative investor in BHC shares has a preference for dividend income over prospective capital gains return...
