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Arthur Laffer

Dividend Policy Article With Dr. Laffer

Cameron Hight published an article with Dr. Laffer concerning dividend policy and why there is little rationale for paying dividends. Read more on their research here.

I recently published an article with Dr. Art Laffer concerning dividend policy. I have strong feelings about companies that pay dividends and investors that care too much about them. Dr. Laffer also concludes there is little rationale for paying dividends and enhances the argument by explaining how dividend policy will change with the pending dividend tax rate increase scheduled for January 1st, 2011.

Read the full article at: http://www.alphatheory.com/pdf/ImplicationsOfDividendTaxIncrease.pdf.

Arthur Laffer
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