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Author Topic: The dividend puzzle (Black, 1976)  (Read 905 times)

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The dividend puzzle (Black, 1976)
« on: May 01, 2010, 01:26:45 AM »
Black, F., 1976. The dividend puzzle. Journal of Portfolio Management 2, 58.

The harder we look at the dividend picture, the more it seems Uke a puzzle, with pieces that just don't fit together...