Dividends Event Study Final

Ticker Firm name Declaration Date New dividend
STRY STRYKER CORP 12/13/1996 0.10

CLE CLAIRES STORES INC 11/4/2003 0.12
HEI HEICO CORP NEW 12/18/2013 0.41
CCC CALGON CARBON CORP 2/19/2015 0.05
Note:
The previous dividend was ommitted
Increase from 0.06
Special dividend
Initiated dividend
PERMNO date TICKER COMNAM DCLRDT PAYDT
11378 20150129 CCC CALGON CARBON CORP
11378 20150303 CCC CALGON CARBON CORP 20150219 20150315
73139 19961122 STRY STRYKER CORP
73139 19961227 STRY STRYKER CORP 19961213 19970131
67459 20031015 CLE CLAIRES STORES INC
85945 20131127 HEI HEICO CORP NEW
85945 20131231 HEI HEICO CORP NEW 20131218 20140117
DIVAMT PRC RET Market returnAR
20.01 0.02144 0.008484 0.012956 Day
19.73 -0.013993 -0.01219 -0.001803 -10
19.89 0.008109478 0.012239 -0.00412952 -9
20 0.005530417 0.015022 -0.00949158 -8
19.96 -0.002 -0.004431 0.002431 -7
20.24 0.014028 0.011521 0.002507 -6
19.94 -0.014822 -0.003591 -0.011231 -5
19.68 -0.013039 -0.004099 -0.00894 -4
19.77 0.004573 0.008623 -0.00405 -3
19.84 0.003541 -0.000357 0.003898 -2
19.87 0.001512 0.010442 -0.00893 -1
20.15 0.014092 0.004737 0.009355 0
19.94 -0.010422 0.001741 -0.012163 1
19.88 -0.003009 0.000148 -0.003157 2
21.37 0.07495 -0.00102 0.07597 3
20.74 -0.029481 0.005712 -0.035193 4
20.97 0.01109 -0.000643 0.011733 5
20.92 -0.002384 0.002303 -0.004687 6
20.74 -0.008604 0.000691 -0.009295 7
20.77 0.001447 -0.001536 0.002983 8
20.63 -0.006741 -0.002607 -0.004134 9
20.87 0.011634 0.0055 0.006134 10
0.05 20.64 -0.008625 -0.004051 -0.004574
20.77 0.006299 -0.003782 0.010081
20.73 -0.001926 0.00163 -0.003556
20.46 -0.013025 -0.013854 0.000829
20.69 0.011242 0.002858 0.008384
20.48 -0.01015 -0.015521 0.005371
20.15 -0.016113 -0.000203 -0.01591
20.64 0.024318 0.011993 0.012325
28.25 -0.004405 0.007378 -0.011783
28.375 0.004425 0.0096 -0.005175
29 0.022026 -0.001622 0.023648
29.125 0.00431 0.000399 0.003911
29 -0.004292 0.00294 -0.007232
28.4375 -0.019397 0.000529 -0.019926
28.625 0.006593 -0.006774 0.013367
28 -0.021834 -0.003181 -0.018653
28.125 0.004464 -0.000604 0.005068
27.875 -0.008889 -0.007241 -0.001648
28.375 0.017937 0.013901 0.004036
27.875 -0.017621 -0.002452 -0.015169
27.875 0 -0.009271 0.009271
28.5 0.022422 -0.012179 0.034601
29.125 0.02193 -0.002683 0.024613
28.625 -0.017167 -0.010524 -0.006643
29 0.0131 0.004576 0.008524
29.25 0.008621 0.008295 0.000326
29.125 -0.004274 0.015761 -0.020035
29.125 0 0.003094 -0.003094
30.375 0.042918 -0.003176 0.046094
31.125 0.024691 0.004714 0.019977
30.625 -0.016064 0.005697 -0.021761
0.1 30.125 -0.013061 0.001962 -0.015023
30.5 0.012448 -0.001949 0.014397
29.875 -0.020492 -0.009417 -0.011075
29.625 -0.008368 -0.007358 -0.00101
30.25 0.021097 0.013491 0.007606
31.9375 0.055785 0.000697 0.055088
31.125 -0.02544 0.007357 -0.032797
39.95 -0.00075 -0.00332 0.00257
39.1 -0.021277 0.003644 -0.024921
38.17 -0.023785 -0.010802 -0.012983
38.28 0.002882 0.003709 -0.000827
38.25 -0.000784 0.002764 -0.003548
38.09 -0.004183 -0.014456 0.010273
37.83 -0.006826 0.001166 -0.007992
37.45 -0.010045 -0.004259 -0.005786
37.93 0.012817 0.004132 0.008685
38.15 0.0058 0.015108 -0.009308
38.6 0.011795 0.002865 0.00893
38.19 -0.010622 -0.000962 -0.00966
38.7 0.013354 0.002436 0.010918
40.15 0.037468 0.008869 0.028599
41.19 0.025903 -0.003708 0.029611
41.43 0.005827 -0.000577 0.006404
42.73 0.031378 0.00549 0.025888
41.63 -0.025743 -0.002333 -0.02341
41.48 -0.003603 -0.007255 0.003652
41.44 -0.000964 -0.002048 0.001084
41.56 0.002896 0.013363 -0.010467
42.27 0.017084 0.000512 0.016572
41.82 -0.010646 -0.007762 -0.002884
41.06 -0.018173 -0.007167 -0.011006
40.21 -0.020701 -0.007718 -0.012983
40.47 0.006466 0.007147 -0.000681
44.55 0.100815 -0.007342 0.108157
43.84 -0.015937 0.001904 -0.017841
45.6 0.040146 0.016009 0.024137
45.81 0.004605 0.00344 0.001165
40.97 0.002938 0.002741 0.000197
41.45 0.011716 0.000166 0.01155
40.68 -0.018577 -0.003649 -0.014928
40.65 -0.000737 -0.003716 0.002979
40.1 -0.01353 -0.000952 -0.012578
40.03 -0.001746 -0.003516 0.00177
40.72 0.017237 0.009677 0.00756
40.87 0.003684 0.001864 0.00182
40.46 -0.010032 -0.002815 -0.007217
40.74 0.00692 -0.012064 0.018984
40.14 -0.014728 -0.002551 -0.012177
40.38 0.005979 0.001277 0.004702
41.9 0.037642 0.006436 0.031206
41.37 -0.012649 -0.002335 -0.010314
42.37 0.024172 0.014491 0.009681
42.44 0.001652 -0.001018 0.00267
43.13 0.016258 0.006904 0.009354
43.13 0 0.006236 -0.006236
42.76 -0.008579 0.003465 -0.012044
43.39 0.014733 0.004002 0.010731
43.12 -0.006223 -0.000066 -0.006157
42.74 -0.008813 0.000274 -0.009087
0.41 42.12 -0.004913 0.00426 -0.009173
41.77 -0.00831 -0.008762 0.000452
41.61 -0.00383 0.00049 -0.00432
42.13 0.012497 -0.003358 0.015855
42.03 -0.002374 0.00608 -0.008454
41.87 -0.003807 0.000165 -0.003972
42.33 0.010986 0.000119 0.010867
42.76 0.010158 0.003581 0.006577
AAR Day CAAR
-0.52% -10 -0.52%
-0.13% -9 -0.66%
0.04% -8 -0.61% CA
-0.79% -7 -1.40% 6.00%
0.06% -6 -1.34%
0.30% -5 -1.04% 5.00%
-0.20% -4 -1.25%
-0.27% -3 -1.52% 4.00%
0.98% -2 -0.54%
3.00%
1.24% -1 0.71%
3.50% 0 4.20%
2.00%
-0.82% 1 3.39%
1.39% 2 4.77%
1.00%
-0.85% 3 3.92%
-0.94% 4 2.98% 0.00%
0.29% 5 3.27% -15 -10 -5 0
0.63% 6 3.91% -1.00%

0.84% 7 4.75%
-0.96% 8 3.79% -2.00%
-0.39% 9 3.40%
-0.16% 10 3.24%
CAAR
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
0.00%
-5 0 5 10 15
-1.00%
-2.00%

Dividends Event Study Final

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Dividends Event Study Final

Uploaded by

Copyright:

Available Formats

Ticker Firm name Declaration Date New dividend

STRY STRYKER CORP 12/13/1996 0.10

0.63% 6 3.91% -1.00%

You might also like