Definition of Clientele effect - Finance dictionary
Clientele effect(See Chapter 38 of the Vernimmen)
Clientele effect is generated by the different Dividend taxation of different categories of Investors. High-Dividend stocks are sought out by Investors who face low tax rates, whereas stocks that offer low Dividends and large capital gains are preferred by Investors in the highest tax brackets.
Clientele effect(See Chapter 38 of the Vernimmen)
Clientele effect is generated by the different Dividend taxation of different categories of Investors. High-Dividend stocks are sought out by Investors who face low tax rates, whereas stocks that offer low Dividends and large capital gains are preferred by Investors in the highest tax brackets.
Clientele effect is generated by the different Dividend taxation of different categories of Investors. High-Dividend stocks are sought out by Investors who face low tax rates, whereas stocks that offer low Dividends and large capital gains are preferred by Investors in the highest tax brackets.