Sample with cash dividends less than the sample mean

Sample with cash dividends greater than the sample mean

(1) asset_turn

(2) occupy

(3) asset_turn

(4) occupy

fund

0.001*

−0.006*

0.002***

−0.006***

(0.000)

(0.003)

(0.001)

(0.002)

control variables

Y

Y

Y

Y

Observations

7076

7076

3197

3197

R-squared

0.167

0.022

0.249

0.014