Mahmoud Shahbazimotlagh

The aim of this study was to examine the relationship between dividend policy and stock price volatility of listed companies in Tehran Stock Exchange and multivariable regression models were used for this purpose.Information In stock 44 companies listed in Tehran stock returns over the period 2002 to 2013 that are continually on the stock exchange activity have been examined. The results showed that the stock dividend policy is an important factor in stock pricechanges The dividend ratio of dividend and earnings per share and the dividend payment date indicates the ideal situation, all can be a company s stock and shareholders to buy the shares before the annual general meeting is encouraged

dividend ratio, the ratio of earnings per share, stock price volatility, earnings volatility