Determinants and Behavior of Dividend Policy in Pakistani Listed Companies
Raheel Gohar and
Mohammed Shahwar Alam
Journal of Finance and Investment Analysis, 2018, vol. 7, issue 3, 1
Abstract:
The rationale of the study was to identify the factors which effect dividend payout policy of the firm and whether that policy is stable depending upon last year’s dividend and current earnings or not. This study was conducted on Karachi Stock Exchange listed companies and found that leverage and tangibility were significant however other variables have consistent relationship with dividend payout policy as found in literature. It was also found that firms do not follow stable dividend policy however there was strong significant relationship between dividend payout with last year’s dividend. JEL classification numbers: G 30, G 32, G 35.Keywords: dividend payout policy, Karachi Stock exchange, leverage, tangibility.
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.scienpress.com/Upload/JFIA%2fVol%207_3_1.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spt:fininv:v:7:y:2018:i:3:f:7_3_1
Access Statistics for this article
More articles in Journal of Finance and Investment Analysis from SCIENPRESS Ltd
Bibliographic data for series maintained by Eleftherios Spyromitros-Xioufis ().