An Examining the relationship between policy of dividend and dividend stock exchange in Tehran stock Exchange listed companies.

The aim of this study was to examine the relationship between dividend policy and stock price volatility of listed companies in Tehran Stock Exchange and multivariable regression models were used for this purpose. Information In stock 44 companies listed in Tehran stock returns over the period 2002 to 2002 that are continually on the stock exchange activity have been examined. The results showed that the stock dividend policy is an important factor in stock price changes The dividend ratio of dividend and earnings per share and the dividend payment date indicates the ideal situation, all can be a company s stock and shareholders to buy the shares before the annual general meeting is encouraged.

کلیدواژه ها:

dividend ratio ، the ratio of earnings per share ، stock price volatility ، earnings volatility