I consider pricing and risk analysis of derivatives on dividends of the members of equity indices (such as Dow Jones EuroStoxx). There are options but I focus on futures.
- What are the main risk factors for dividends?
- Which quantitative factors do you consider in the context of derivatives on dividends?
I found a nice presentation by Bühler of JPMorgan but who has further references, experiences, comments?
Note that stochastic models for derivatives on dividends are covered in this question.