Dividend Irrelevance Theory
A theory that investors are not concerned with a company's dividend policy since they can sell a portion of their portfolio of equities if they want cash.

Investopedia Says:
The dividend irrelevance theory essentially indicates that an issuance of dividends should have little to no impact on stock price.

Related Terms:
Dividend
Dividend Payout Ratio
Dividend Policy
Efficient Market Hypothesis
Market Efficiency

• Asset-or-Nothing Put Option
• Asset Performance
• Asset Play
• Asset Quality Rating
• Asset Redeployment
• Asset Size
• Asset Stripper
• Asset Stripping
• Assets Under Management (AUM)
• Assets Under Management (AUM)
• Asset Swap
• Asset Swapped Convertible Option Transaction (ASCOT)
• Asset Swapped Convertible Option Transaction (ASCOT)
• Asset Turnover
• Asset Valuation
• Assign
• Assignable Contract
• Assignment
• Assignment Of Proceeds
• Assignment Of Trade
• Assimilation
• Associated Person
• Association of Southeast Asian Nations (ASEAN)
• Association of Southeast Asian Nations (ASEAN)
• Assumable Mortgage