← dividend_initiation (all sectors) · all signals in Finance, Insurance, Real Estate
dividend_initiation in Finance, Insurance, Real Estate
Fires when a company pays its first dividend ever. Signals management confidence in cash flow durability.
Calibration in this sector (20d horizon)
| n events | 108 |
|---|---|
| Mean return | -2.82% |
| Median | -0.25% |
| Stdev | 13.94% |
| Hit rate | 44.4% |
| r/σ | -0.20 |
Top 5 sectors for dividend_initiation by |r/σ|
| Sector | n | Mean 20d | r/σ |
|---|---|---|---|
| Services (business + personal) | 59 | +3.09% | +0.27 |
| Finance, Insurance, Real Estate | 108 | -2.82% | -0.20 |
| Transportation, Communications, Utilities | 32 | -1.88% | -0.18 |
| Manufacturing (light) | 53 | +1.97% | +0.11 |
| Mining + Construction | 32 | -0.72% | -0.04 |
For full multi-horizon and net-of-cost calibration, see the unfiltered dividend_initiation methodology page.