2011 http://www.internationalresearchjournaloffinanceandeconomics.com An Empirical Study on the Determinants of Dividend Policy in the UK Badar Khalid Al Shabibi Faculty‚ Accounting & Finance‚ Department of Business Studies Ibra College of Technology‚ Sultanate of Oman E-mail: baderkh14@hotmail.com Tel: +968-95142254; Fax: +968-25587950 G Ramesh Faculty‚ Accounting & Finance‚ Department of Business Studies Ibra College of Technology‚ Sultanate of Oman E-mail: drrameshg@gmail.com Tel: +968-96149365;
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The dividend irrelevance theory is a concept that is based on the premise that the dividend policy of a given company should not be considered particularly important by investors. Further‚ the terms of that dividend policy should not have any bearing on the price of the shares of stock issued by that company. With this particular financial theory‚ the idea is that investors can always sell a portion of their shares if they want to generate some amount of cash flow. As with most investment theories
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Dividend policy Dividend policy is concerned with taking a decision regarding paying cash dividend in the present or paying an increased dividend at a later stage. The firm could also pay in the form of stock dividends which unlike cash dividends do not provide liquidity to the investors‚ however‚ it ensures capital gains to the stockholders. The expectations of dividends by shareholders helps them determine the share value‚ therefore‚ dividend policy is a significant decision taken by the financial
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An Empirical Analysis of Dividend Payout Policy Indian Corporate ABSTRACT In the present paper an attempt has been made to assess the dividend payout policies of Indian Companies. For the purpose of study BSE Sensex -30 companies have been selected as sample for the study. To study impact of profitability‚ liquidity and size of business on dividend payout regression analysis were carried out. An attempt has also been made to calculate estimated dividend payout based on regression results
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Dividend Policy Dividend policy Executive summary Once a company makes a profit‚ they must decide on what to do with those profits. They could continue to retain the profits within the company‚ or they could pay out the profits to the owners of the firm in the form of dividends. Once the company decides on whether to pay dividends‚ they may establish a somewhat permanent dividend policy‚ which may in turn affect investors and perceptions of the company in the financial
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Effects of Dividends on Stock Prices in Nepal Rabindra Joshi* Abstract This paper examines the impact of dividends on stock price in the context of Nepal. A majority of earlier studies conducted in developed countries show that dividend has a strong effect than retained earnings. The study examines whether this is consistent in the context of Nepal (or not) and the implication particularly to the banking and non-banking sector. To achieve the objective of the study‚ a descriptive and analytical research
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THE ROLE OF DIVIDEND POLICY IN STOCK PRICE DETERMINATION IN TELECOMMUNICATION INDUSTRY: THE CASE OF PLDT AND GLOBE FATIMA KAYE A. DE CHAVEZ‚ LORELLA A. ESPELETA and LESLIE JOY A. PATIO College of Business and Accountancy University of Batangas ABSTRACT The issue of how much a company should pay its stockholders‚ as dividend is one that has been of concern to managers for a long time. The optimal dividend policy of a firm may be defined as the best dividend payout ratio the firm can adopt
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THE EFFECT OF DIVIDEND POLICY ON THE MARKET PRICE OF SHARES IN NIGERIA: CASE STUDY OF FIFTEEN QUOTED COMPANIES By Dr. J. J. Adefila Department of Accountancy‚ University of Maiduguri‚ Dr. J. A. Oladipo and J.O Adeoti‚ Both of the Department of Business Administration‚ University of Ilorin ABSTRACT The issue of how much a company should pay its stockholders‚ as dividend is one that has been of concern to managers for a long time. The optimal dividend policy of a firm may be defined as the best
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january 2011 Dividends: The 2011 guide to dividend policy trends and best practices Published by Corporate Finance Advisory For questions or further information‚ please contact: Marc Zenner marc.p.zenner@jpmorgan.com (212) 834-4330 Tomer Berkovitz tomer.x.berkovitz@jpmorgan.com (212) 834-2465 John Clark john.hs.clark@jpmorgan.com (212) 834-2156 Evan Junek evan.a.junek@jpmorgan.com (212) 834-5110 DiviDEnDs: ThE 2011 GuiDE To DiviDEnD poliCy TrEnDs anD BEsT praCTiCEs | 1 1. The
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Dividend Policy: Clientele Effects and Signalling Model Literature Review Sharon Theresia 17132233 Corporate Finance 307 Singapore Campus Abstract Two of the most influential dividend policies are being reviewed and compared. in this paper‚ clientele effects and signalling model are two chosen policies. Findings implied that clientele is shaped by tax preferences of shareholders which in the end will determine companies’ ideal dividend policies. It is also believed that amount of paid dividend
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