DO TRADING VOLUME AND VOLATILITY INFLUENCE DIVIDEND DISTRIBUTIONS? A STUDY OF COMPANIES IN THE ELECTRIC SECTOR IN BRAZIL AND THE USA
Resumo
Abstract
The objective of this study is to seek possible correlations between the volume traded and its volatility with the dividend policy and variation in stock prices in companies in the electric sector in Brazil and the United States. Methodology: data on dividend payments and daily values of shares of companies in the electric sector in Brazil and the United States, respectively traded on the São Paulo and New York stock exchanges, were collected. The period covered was from January 1, 2000 to December 31, 2022. Results: the variation in the average volume traded and the coefficient of variation were not correlated with the variation in stock prices and dividends in either country.