Assignment Title: Dividend Policy of Large Publicly-Traded Company: TESCO Kristina Danielyan Student ID: I075807 CONTENT 1. Introduction……………………………………………………………………Page 2 2. DIVIDEND POLICY………………………………………………………….Page 2 2.1. Dividend Policies: advantages and Disadvantages …………………………Page 3 2.1.1. Fixed Percentage pay-out ratio Policy……………………………………..Page 3 2.1.2. ZERO Dividend Payment Policy …………………………………………
Premium Dividend
Godrej Consumer Products Limited: Dividend History and Market Performance Godrej group of companies is one of the oldest corporate houses in India. The Godrej group was established in 1897. It had a total turnover of `.118 billion (US$ 2.62 billion) for the financial year 2010. With five listed companies with an aggregate market capitalisation of `. 165 billion as of March 31 2010‚ 58 manufacturing locations in India and overseas‚ and operations in 18 countries‚ it has a significant presence
Premium Stock Dividend Stock market
OIL & NATURAL GAS CORPORATION LTD: An Overview OIL AND NATURAL GAS CORPORATION LTD‚ (ONGC) today is the premier Indian industry effectively participating in efficient implementation of both the economic as well as the social mission of a national industry. Its growth has been one of consistent stability and ascending productivity‚ matching international performance makers‚ through innovative approach and participative management During the pre-independence period‚ the Assam Oil Company in the
Premium Petroleum
Using an appropriate range of relevant sources‚ analyse the ways in which the attitudes of managers towards their workforces may have changed since the early days of classical and scientific management. Throughout genrations business’s have always been required to change in the world whether this be changes in trends of consumers or internal changes such as technological progression. For the business to achieve an efficient and swift change it is important that employees and in particular managers
Premium Management
THE THREE DIVIDEND POLICY THEORIES Figure 13A-1 illustrates the three alternative dividend policy theories: (1) Miller and Modigliani’s dividend irrelevance theory‚ (2) Gordon and Lintner’s bird-in-thehand theory‚ and (3) the tax preference theory. To understand the three theories‚ consider the case of Hardin Electronics‚ which has from its inception plowed all earnings back into the business and thus has never paid a dividend. Hardin’s management is now reconsidering its dividend policy‚ and it wants
Premium Dividend Stock Dividend yield
Introduction A dividend is termed as a portion of a firm’s earnings that is returned to its shareholders. Dividends offer a further motif for investors to hold or even increase their investments. A lot of companies‚ mature or young‚ large or small‚ pay stable dividend. It is true that high dividend yield is important for current investors because it indicates‚ to some degree‚ a firm’s financial well being‚ but paying 100% of its earnings as dividend is not financially wise. Instead of paying dividends‚ fluid
Premium Real estate investment trust Investment
List of Research Papers / Articles Published Srl No. Research Paper / Article Published Research Papers Published Financial Statements : Informational Approach‚ Indian Journal of Accounting - The Journal of Indian 1 Accounting Association‚ Vo. VI (June & December 1976) pp. 29-48 Depreciation Accounting - A probabilistic Approach‚ The Chartered Accountant - The Journal of Institute 2 of Chartered Accountants of India‚ Vol. XXVI (January 1978) pp 339-43 Accounting Education and Professional Accountant
Premium 1921 1932
of Suppliers: ONGC is a vertically integrated company that really deals in all areas from finding the product to refining the product to selling the product. With this being said there is not much to worry about the bargaining power of the suppliers. Bargaining Power of Buyers: Not too critical for most companies as refining operations are a part of the complete supply chain‚ with the refining operations supplying the product to the marketing company. The industry that ONGC is a part of is
Premium Petroleum Vertical integration Supply chain
How accurate is the statement that “The dividend policy of a firm is irrelevant”. By Mr. George Ekegey Ekeha (MBA – Finance‚ MBA & BCom) (Lecturer in Corporate Finance & International Finance @ Regent University College of Science & Technology) Email: ekegey24ge@yahoo.co.uk March 2009 THIS PAPER IS PREPARED IN RESPONSE TO A RELEVANT QUESTION TO HELP STUDENTS TAKING CORPORATE FINANCE COURSE. No Part of This Thesis Is To Be Used For Any Purposes‚ Other Than Academic REFERENCE
Premium Dividend Dividend yield
DIVIDEND DECISION The dividend decision is one of the 3 basic decisions which a financial manager maybe required to take‚ the other two being the investment decisions and the financing decisions. In each period any earnings that remain after satisfying obligations to the creditors‚ the government and the preference sh.hol can either be retained or paid out as dividends or bifurcated between retained earnings and dividends. The retained earnings can be invested in assets which will help
Premium Dividend Investment