The stock dividends indicate gains distribution in the form of cash or non-cash assets or transforming those gains to capital through issuing company's stock (stock dividend). Cash dividend is the most common and general kind of return from companies to stockholders and companies do not act equally as in distributing its cash dividend, but these policies can be variable and include a domain of paying the least cash dividend required in the law to pay all company's gains as cash dividend, but generally there are two main policies about this issue as follow: 1- Low distribution of cash dividend and keeping it in the company for financing the company's future investment 2- High distribution of cash dividend If it is assumed that the goals of companies' managements are always increasing the stakeholder's wealth, so their different financial decisions regarding goals realization should be adopted too. In facing dividends, companies use various ways. Some companies have free cash flow and for some others cash flows resulted from their operating activities are more than their dividends and companies which forcibly find refuge in selling assets and cash resulted from investment activities or taking a loan or increasing capital and cash resulted from financing activities for dividends. The aim of this research is to investigate the relationship between guidelines and cash flows resulted from financing and investment activities in listed companies in Tehran stock exchange.
کلید واژگان :Profit, Dividend, Cash flow, Investment activities, Financing activities
ارزش ریالی : 300000 ریال
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