Determinants and Motivators of Dividend Policy: A Study of Cement Industry of Pakistan

Authors

  • Talat Islam Universiti Teknologi Malaysia, Johor Campus, Malaysia
  • Muhammad Aamir University of the Punjab, Lahore, Pakistan
  • Ashfaq Ahmad College Lahore, Pakistan.
  • Muhammad Saeed College Lahore, Pakistan.

Abstract

Dividend is one of the most debatable topics for the researchers. Many researchers explore the factors of dividend
policy. The aim of the study is to find out the factors that motivate the dividend policy among the cement industry. For the
purpose data of eight firms was collected from Karachi Stock exchange and State bank of Pakistan. SPSS 17 was used to
analyze the data and it was found that PE ratio, EPS growth and sale growth are positively associated with the dividend payout
while profitability and debt to equity were found to have negative association with dividend payout.

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Published

2012-05-01

Issue

Vol. 3 No. 2 (2012): May 2012

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Determinants and Motivators of Dividend Policy: A Study of Cement Industry of Pakistan. (2012). Mediterranean Journal of Social Sciences, 3(2), 103. https://www.richtmann.org/journal/index.php/mjss/article/view/11005