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The Effect of Board Independence on Dividend Payouts

Reynolds Holding

In a new paper, we use agency theory to explore the effect of board independence on dividend policy. Dividends serve as a governance mechanism to mitigate agency conflicts, reducing free cash flows, which managers may exploit for personal gain rather than using them to maximize shareholder wealth.

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When Do Disguised Dividends Add Up to Minority Shareholder Oppression?

Farrel Fritz

De facto dividend. Disguised dividend. Constructive dividend. The tax laws thus provide no small incentive for owners of closely held companies to pay themselves, shall we say, generous compensation in lieu of declaring and paying dividends.

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Tesla's Event-Filled Shareholder Meeting, Toyota On Damage-Control Mode, Lucid Comes Up Short, Romeo Finds Suitor And More: Week's Biggest EV Stories

Benzinga

Here are the key events that happened in the EV space during the week: Tesla’s Shareholder Meeting: Tesla conducted its annual shareholder meeting this week at its Giga Austin facility, which was held as a hybrid event. The company later confirmed that the split will be implemented in the form of a stock dividend, payable on Aug.

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Orange Has Juice: A Pending Masmovil Deal Is 'Most Anticipated Event This Year,' Analyst Says

Benzinga

The stock is among the few in the wider European telecom sector that captures all the elements that investors favor, including “improving competitive trends; a path to lower investment needs; in-market consolidation opportunities; infra ownership; and a route to growing dividend returns,” according to BofA Securities.

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Salisbury Bancorp, Inc. Reports Results for First Quarter 2023; Declares 16 Cent Dividend

Benzinga

Net Interest and Dividend Income Tax equivalent net interest income of $11.3 See SUPPLEMENTAL INFORMATION – Net Interest and Dividend Income on page 9 of this release for additional details. million, were partially offset by common stock dividends paid of $0.9 Non-Interest Income Non-interest income of $2.7

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Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares Dividend

Benzinga

With the success of the first quarter, the Board announced a quarterly cash dividend of $0.20 million in dividends during the first quarter of 2023. Management considers subsequent events occurring after the balance sheet date for matters which may require adjustment to, or disclosure in, the consolidated financial statements.

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SEC Finalizes New Clawback Rules

Harvard Corporate Governance

stock splits, stock dividends, etc.). The final rule also requires national exchanges to prohibit the listing of any security of an issuer that does not develop and implement a clawback policy that complies with the new rule. . – Excludes “out of period” adjustments (corrections of immaterial errors recorded in the current period).