fully-franked dividend. This is a problem because a sample of security prices, unfranked dividends and franked dividends … necessarily leads to the simultaneous estimation of the value of a cash dividend and an imputation credit. We measure the value of …

Investments in short-term dividend assets outperform investments in the market according to Binsbergen, Brandt, and … to 24 years. We also advocate an interest rate-invariant approach to estimate prices of dividend assets by combining put … dividend returns is flat throughout maturities and varies over the business cycle more than once thought. Moments of the …