The Dividend Policy of Pharmaceutical Companies Listed on the Bucharest Stock Exchange
The Dividend Policy of Pharmaceutical Companies Listed on the Bucharest Stock Exchange

Summary/Abstract: Since interest rates for bank deposits have been maintained at a low level, stock exchange investments are considered to be a worthwhile investment opportunity. The capital market in Romania provides investors with a wide range of financial instruments, of which shares are the most frequently traded. The shares of pharmaceutical companies are less risky than those in other sectors, which is why they are preferred by investors with a risk aversion or an average risk profile. The quotations of pharmaceutical companies are generally influenced by financial performance and by the awarded dividends. In this context, we have considered that a study of the dividend policy adopted by companies in this field would be welcome. This is even more necessary, since some investors have lately been focusing on the so-called “dividend shares”.

• Details
• Contents