Search results for query: Dada

1. Dividend Policy and the Nautre (Positive / Negative) of Cash Flows of Selected Companies Listed on the Frankfurt Stock Exchange
   

   Author: Anna Dada

   See Issue Contents: fins.2021.2

   Abstract:

   The main purpose of the article was to investigate whether there are joint-stock companies listed on the Frankfurt Stock Exchange between 2000-2017 that paid regular dividends. The sample was divided into dividend companies (who pay out dividends without any interruption) and other companies. A subsidiary objective was to compare the dividend companies and other companies concerning the direction of the cash flows of companies (positive/negative). Based on the conducted research, it should be stated that dividend companies have on average higher DPS for the years 2000-2017 than other companies. Additionally, the variants of the financial situation of an enterprise about with to the type of activity and the nature of net cash flows were presented by assessing the financial situation of the enterprise to about whether it generates a positive (or negative) balance of cash flows from the following activities: operations, investments, finance. The conducted research shows that the percentage of dividend companies in variants 1–4 among models of eight cases based on selected information on cash flows is greater than the percentage of other companies. The application value is recommendations regarding the attractiveness of investing in dividend companies. These conclusions may also be useful for companies listed on other exchanges, e.g., the Warsaw Stock Exchange. The dividend payment policy should be supported by rational cash flow management. The study may be used as preliminary research indicating the direction of further, more advanced research in this field.

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