American Journal of Economics, Finance and Management
Articles Information
American Journal of Economics, Finance and Management, Vol.2, No.4, Aug. 2016, Pub. Date: Jul. 8, 2016
Impact of Dividend Policy on Firm Performance: An Empirical Evidence From Pakistan Stock Exchange
Pages: 28-34 Views: 3548 Downloads: 13534
Authors
[01] Mula Nazar Khan, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[02] Babar Nadeem, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[03] Fahad Islam, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[04] Muhammad Salman, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[05] Hafiz Muhammad Ikram Sarwar Gill, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
Abstract
The basic objective of this study is to examine either the dividend policy makes an influence on the firm performance in Pakistan. Data which is used for research collected from the reports of firms which are listed from 2010-2015. OLS technique was used to check the regression analysis. Findings show that there is a positive relation between return on assets, dividend policy, and growth in sales. Mostly the results of the research make similarity with the previous research. Results show that dividend payout ratio and leverage have significant negative relation with the return on equity. The Basic purpose of study is to investigate how the dividend policy affects the performance of the firms which are listed in the Pakistan stock exchange.
Keywords
Dividend, Pakistan, Share, Prices, Policy
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