Post-IPO banks are far more likely to initiate dividends than nonfinancial firms. Moreover, dividend initiation has a …, dividend initiation significantly increases the takeover premium. Average premiums for post-IPO dividend initiators exceed … those on non-dividend payers by about 50 percent of the market value of the bank in the month prior to the takeover …

This research shows the relation between Asymmetric Information and Dividend Policies in the accepted companies in the … financial statement producers . To measure the Asymmetric Information, the earning per share and dividend per share are used …%, between 20-50%, higher than 50%.Dividend policies of the companies are separated into four policies: Paying a fixed percent of …