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- 2026-04-07 发布于北京
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TheDecliningUseofDividends
ThisThisfigurefigureshowsshowsthethepercentagepercentageofofUU.SS.firmsfirmseacheachyearyearthatthatmademadepayoutspayoutstoto
shareholders.Theshadedregionsshowthefirmsthatuseddividendsexclusively,
repurchasesexclusively,orboth.Notethetrendawayfromtheuseofdividendsovertime,
withfirmsthatmadepayoutsshowingagreaterrelianceonsharerepurchases,together
withithashharpddecreaseiinththepercenttageofffifirmsmakikingpayouttsoffanykikindd.
Source:Compustat.
DividendDividendD
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