At the onset of the Covid-19 outbreak, central banks and supervisors introduced dividend restrictions as a new policy … estimate the impact of the ECB’s dividend recommendation on bank lending and risk-taking. To address identification issues, we … fiscal policies that supported credit during the Covid-19 downturn and investigates their interaction with the dividend …

highlights the impor-tance of managing perceptions about dividend uncertainty through credible communication about the expected … duration, frequency and severity of dividend restrictions to limit their unintended side effects …

Economic literature suggests that banks change their dividend payouts for three main reasons. They may be willing to … to introduction of sector-wide recommendation by regulators to suspend dividend payouts in view of prevailing large …, over a decade and a half preceding the pandemic, bank dividend payouts were adjusted in line with the three motivations …