Examlex
In which part of the Milky Way would you find little or no neutral hydrogen, no current star formation, and stars that are all older than 10 billion years?
Expectations Theory
With respect to dividends: a dividend that’s lower than expected will be taken as a negative by investors even if it is larger than previous dividends. A variation on the signaling effect of dividends. With respect to interest rates: A theory explaining the shape of the yield curve. The curve slopes up or down depending on whether expectations about future interest and inflation rates are increasing or decreasing.
Signaling Effect
The signaling effect refers to the idea that actions by a company can provide information to investors about its future prospects.
Dividend Increase
An action by a company to raise the amount of money paid to its shareholders as dividends.
Residual Dividend Theory
A policy where dividends are based on earnings left over after all operating and expansion expenses are covered.
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