Ex-Dividend Stock Price Behavior and Arbitrage Opportunities

Martingales and arbitrage in multiperiod securities markets

1979 • 3,734 citations

DEBT AND TAXES*

1977 • 3,086 citations

The valuation of options for alternative stochastic processes

1976 • 3,064 citations

Marginal Stockholder Tax Rates and the Clientele Effect

1970 • 922 citations

The Ex‐Dividend Day Behavior of Stock Prices: A Re‐Examination of the Clientele Effect

1982 • 436 citations

Tax-induced trading around ex-dividend days

1986 • 348 citations

On the valuation of American call options on stocks with known dividends

1981 • 277 citations

A note on an analytical valuation formula for unprotected American call options on stocks with known dividends

1979 • 244 citations

STOCK PRICE BEHAVIOR ON EX‐DIVIDEND DATES

1955 • 125 citations

The Ex‐Dividend Day Behavior of Stock Returns: Further Evidence on Tax Effects

1982 • 69 citations

The valuation of American call options and the expected ex-dividend stock price decline

1986 • 60 citations

THE EX‐DIVIDEND BEHAVIOR OF AMERICAN TELEPHONE AND TELEGRAPH STOCK*

1960 • 48 citations

Options, Taxes, and Ex‐Dividend Day Behavior

1986 • 39 citations

A note on a simplified approach to the valuation of risky streams

1984 • 9 citations