This is the most widely used measure of return on bonds. It may be defined as the compounded rate of return an investor is expected to receive from a bond purchased at the current market price and held to maturity. It is really the internal rate of return earned from holding a bond till maturity. YTM depends upon the cash [...]
In this article we will discuss about:- 1. Introduction to the Dividend Policy of a Company 2. External Factors Affecting Dividend 3. Internal Factors 4. Dividend Decision and Tax Consideration 5. Approaches 6. Homemade Dividend 7. Establishing a Dividend Policy. Contents: Introduction to the Dividend Policy of a Company External Factors Affecting Dividend Internal Factors Affecting Dividend Dividend Decision and [...]
The following points highlight the top three alternatives to dividend of a company. The alternatives are: 1. Buyback of Shares 2. Stock Split 3. Bonus Issue. Alternative # 1. Buyback of Shares: Buyback is reverse of issue of shares by a company where it offers to take back its shares owned by the investors at a specified price; this offer [...]