BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420
WHATSAPP US ON 08137701720
FIRM SPECIFIC CHARACTERISTICS AND DIVIDEND PAYOUT RATIO OF QUOTED CONGLOMERATES IN NIGERIA
ABSTRACT
This study examines the effect of firm specific characteristics on dividend payout ratio of quoted conglomerates in Nigeria for a period of eight (8) years ranging from 2004-2011. The population of this study comprised the eight (8) conglomerate firms quoted on the Nigerian Stock Exchange as at 31 December, 2011. Correlational research design and ex-post factor research design was adopted. Multiple regression technique was employed as a tool for analysis in examining the impact of firm specific characteristics on dividend payout ratio of Nigerian quoted conglomerates and the study relied on the OLS regression result. The findings revealed a positive and significant impact of firm size, profitability, and institutional ownership on dividend payout ratio, liquidity had no effect on dividend payout ratio while leverage had a negative and significant effect on dividend payout ratio. The study concluded that four of the explanatory variables of this study (that is; firm size, profitability, leverage and institutional ownership) impact on the quantum of dividend paid by Nigerian quoted conglomerates firms. Therefore, it is recommended that the Nigerian quoted conglomerates should be gradually increasing the sizes of it firms by atleast 1.5% as it will have significant positive effect on profitability. They should also make the atmosphere conducive for institutional investors to subscribe for their shares by offering them incentive packages like discount on shares and bonus issue. The quantum of debt should always be lower than equity as this will boost their chances of paying higher dividend.
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) after we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 3139283609
Bank: FIRST BANK
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420