Baker, H. Kent; Chang, Bin; Dutta, Shantanu; Saadi, Samir - In: International Journal of Managerial Finance 9 (2013) June, pp. 164-184
fraction of dividend-paying firms declines from 1988 to 2001 and then slightly rebounds until the end of the sample period in … firms or the level of payout. Dividend-only firms pay out significant amounts of cash. Firms with both regular dividends and …