Hey Ga1DawgYou are right about the research. Actually, I am taking Applied Corporate Finance with Kathleen Fuller, who Matt Emmert referenced in his write up on dividend payouts today on the main page. Dr. Fuller is one of the co-writers on the paper you speak of. I thought that was pretty cool. She is an exceptionally bright lady and I've really enjoyed the class. If you'd like to read some of her other stuff, check this page (http://www.terry.uga.edu/finance/people/facultyprofiles/petrie/).On a side note, I am really digging this board. Keep up the good work, everybody.Joe
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