<oai_dc:dc xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
  <dc:creator>Eugster, Nicolas</dc:creator>
  <dc:creator>Ducret, Romain</dc:creator>
  <dc:creator>Isakov, Dušan</dc:creator>
  <dc:creator>Weisskopf, Jean-Philippe</dc:creator>
  <dc:date>2020-10-01</dc:date>
  <dc:description xmlns:ns0="xml" ns0:lang="en">This paper investigates the impact of the COVID-19 pandemic on the trading behavior  of investors around ex-dividend dates in Europe. The sudden decrease in the number  of companies paying dividends reduced the opportunities to capture dividends. The  firms that have maintained dividend payments during the pandemic thus attracted  more interest than before. This led to a doubling in the magnitude of stock return  patterns usually observed around ex-dividend days. Our evidence indicates that  dividend-seeking investors are likely to be the main driver of the price patterns  observed around ex-dividend dates.</dc:description>
  <dc:format>application/pdf</dc:format>
  <dc:identifier>https://folia.unifr.ch/global/documents/308999</dc:identifier>
  <dc:identifier>https://folia.unifr.ch/documents/308999/files/WP_SES_520.pdf</dc:identifier>
  <dc:language>eng</dc:language>
  <dc:relation>http://www.unifr.ch/ses/wp</dc:relation>
  <dc:rights>info:eu-repo/semantics/openAccess</dc:rights>
  <dc:rights>License undefined</dc:rights>
  <dc:subject xmlns:ns1="xml" ns1:lang="en">COVID-19</dc:subject>
  <dc:subject xmlns:ns2="xml" ns2:lang="en">dividend capture</dc:subject>
  <dc:subject xmlns:ns3="xml" ns3:lang="en">price pressure</dc:subject>
  <dc:subject xmlns:ns4="xml" ns4:lang="en">ex-dividend date</dc:subject>
  <dc:subject xmlns:ns5="xml" ns5:lang="en">event study</dc:subject>
  <dc:subject>info:eu-repo/classification/udc/33</dc:subject>
  <dc:title xmlns:ns6="xml" ns6:lang="en">Chasing dividends during the COVID-19 pandemic</dc:title>
  <dc:type>http://purl.org/coar/resource_type/c_18ws</dc:type>
</oai_dc:dc>
