The dividends behaviour of the Jordanian companies listed in Amman Stock Exchange: Three essays

Dima W. H. Alrabadi, Said S. Al‐Hallaq and Abdullah S. Abu‐Alkhair

International Journal of Finance & Economics, 2021, vol. 26, issue 3, 3892-3901

Abstract: This study investigates the dividend behaviour of the Jordanian companies listed in Amman Stock Exchange. In specific, it examines whether dividends policy differs according to firm size, whether it differs for diverse sectors and whether it is stable over time. The sample of the study consists of 90 Jordanian companies listed in Amman Stock Exchange (ASE), 30 companies from each sector: financial, services and industrial, with 990 observations of dividends per share (DPS), earnings per share (EPS) and market capitalization (MC) over the period (2006–2016). The study uses non‐parametric tests in addition to regression analysis. Results show that there are statistically significant differences between DPS in the three sectors (financial, industrial and services). Statistically significant differences in DPS between different sized companies in the three sectors (financial, industrial and services) in ASE are also found. The dividends are stable over time.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/ijfe.1993

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:wly:ijfiec:v:26:y:2021:i:3:p:3892-3901

Ordering information: This journal article can be ordered from
http://jws-edcv.wile ... PRINT_ISSN=1076-9307

Access Statistics for this article

International Journal of Finance & Economics is currently edited by Mark P. Taylor, Keith Cuthbertson and Michael P. Dooley

More articles in International Journal of Finance & Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().