Nikita E. GAL’VIKSaint-Petersburg State Economic University (SPbSEU), St. Petersburg, Russian Federation nikgalv@mail.ru ORCID id: not available
Subject. This article considers the impact of dividend month premium effect on pricing in the Russian stock market. Objectives. The article aims to find out whether there is a dividend month premium effect in the Russian stock market over 2015 to 2024, and to study the features of its manifestation. Methods. For the study, I used a statistical analysis, description, comparison, modeling, analysis, and induction. Results. The article finds the presence of the dividend month premium effect in the Russian stock market over the time period from 2015 to 2024 that was relatively stable. Relevance. The results obtained expand the understanding of the driving forces of pricing in the Russian stock market. The results of the study can be used by institutional, corporate, and individual investors when developing investment strategies.
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