Sambandet mellan aktieutdelning och antal aktieägare : En empirisk undersökning av svenska företag

Sammanfattning: This study examines the potential relationship between companies' adaptation to shareholders' preferences for dividends in SEK and the number of shareholders, as well as whether this relationship varies across different age groups. Previous research has explored individuals' preferences for dividends and potential age-related differences in these preferences. There have also been studies investigating investors' preferences for dividend payments in Swedish companies. However, there is a knowledge gap regarding how dividend payments affect the number of shareholders, which justifies the need for this study. The study utilizes data from worldscope and datastream for publicly traded companies on the Stockholm Stock Exchange OMXSPI that paid dividends during the period of 2017-2019. To analyze the hypotheses, the study employs multivariate regressions. The results indicate some indications of a relationship, particularly between companies' adaptation to shareholders' preferences for dividends in SEK and the number of shareholders in the 60+ age group. The study's findings also suggest weak but not statistically significant tendencies towards a more general relationship between dividend payments and all shareholders during the years 2017-2019.