The relationship between the dividend payout ratio and the subsequent earnings growth : a South African study : an analysis into the relationship between the dividend payout ratio and the subsequent earnings growth at the market level
Traditionally, it has been widely accepted that current reinvestments leads to future growth, and hence that there exists a negative relationship between dividend payout ratios and subsequent earnings growth at both the company and market level. Surprisingly, more recent research found a positive re...
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| Format: | Dissertation |
| Language: | English |
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University of Cape Town
2015
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| Online Access: | http://hdl.handle.net/11427/15711 |