What is the average stock market reaction to (a) A dividend initiation (b) A dividend increase (c) A dividend termination (d) A dividend decrease Are these reactions logically consistent ...

a d The average stock market reaction to a dividend initiation or increase is a 13 rise in sto ...

What is the average stock market reaction to: (a) A dividend initiation; (b) A dividend increase; (c)

Question:

What is the average stock market reaction to:
(a) A initiation;
(b) A increase;
(c) A termination;
(d) A decrease? Are these reactions logically consistent?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...