caa a22 4500 386308802 CHVBK 20180307111538.0 cr unu---uuuuu 161130e198809 xx s 000 0 eng 10.2307/2331069 doi S0022109000013132 pii (NATIONALLICENCE)cambridge-10.2307/2331069 The Valuation Impacts of Specially Designated Dividends [Elektronische Daten] This paper examines the valuation impacts of specially designated dividends (SDDs) by analyzing the behavior of stock and bond prices on dates surrounding their announcements. The evidence presented here suggests that SDDs are considered positive signals by the market, with (most of) the gains associated with their announcements accruing to stockholders. In addition, we present some evidence that the gain to stockholders is negatively related to the frequency of SDD announcements. Copyright © School of Business Administration, University of Washington 1988 Jayaraman Narayanan Shastri Kuldeep Journal of Financial and Quantitative Analysis Cambridge University Press 23/3(1988-09), 301-312 0022-1090 23:3<301 1988 23 JFQ https://doi.org/10.2307/2331069 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.2307/2331069 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Jayaraman Narayanan NATIONALLICENCE 700 1- Shastri Kuldeep NATIONALLICENCE 773 0- Journal of Financial and Quantitative Analysis Cambridge University Press 23/3(1988-09), 301-312 0022-1090 23:3<301 1988 23 JFQ CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge