Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari

This study attempts to determine the factors affecting determinants of dividend payout in the utilities sector. The factors examined in this study are debt, cash flows, investment and growth. The assumptions that were applied in this research are if a company prefers to make a dividend payout, what...

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Main Author:	Mohammad Rasul, Mohammad Johari
Format:	Thesis
Language:	English
Published:	2021
Subjects:	Dividends Stock dividends Dividend reinvestment Dividends. Stock dividends. Dividend reinvestment
Online Access:	https://ir.uitm.edu.my/id/eprint/104925/1/104925.pdf
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id	my-uitm-ir.104925
record_format	uketd_dc
spelling	my-uitm-ir.1049252024-11-04T08:02:28Z Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari 2021-07 Mohammad Rasul, Mohammad Johari Dividends. Stock dividends. Dividend reinvestment Investment, capital formation, speculation This study attempts to determine the factors affecting determinants of dividend payout in the utilities sector. The factors examined in this study are debt, cash flows, investment and growth. The assumptions that were applied in this research are if a company prefers to make a dividend payout, what are the determinants of it and do the variables have an impact on the dividend payout? Data was obtained from the relevant databases and annual reports of the sampled companies. The study examines a total of 12 listed companies. The data were collected quarterly starting from year 2017 until 2019. In analyzing the data, the study used fixed and random effects and an ordinary least squares model. The findings underline the significant role of the independent variables in deciding the amount of dividend payout in the utilities sector. The more the dividend payment, the better the company's profitability (Bhattacharya 1979). This result was also supported (Ho 2003). As stated by Farman Ali Khan (2017) the decision to pay out dividends is usually based on whether to distribute all of the company's income or keep a portion of it. The results demonstrate that cash flow, and growth have a significant and positive relationship with dividend payout, while, investment has a significant but negative relationship with dividend payment and debt has an insignificant but positive link with dividend payout. The results of this study will help a company's board of directors and management team decide on a dividend strategy that is suitable for the company. The findings can also help shareholders make investment decisions. 2021-07 Thesis https://ir.uitm.edu.my/id/eprint/104925/ https://ir.uitm.edu.my/id/eprint/104925/1/104925.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Mohamed Abdul Kadir, Juliana Mohd Yusoff, Yuslizawati
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Mohamed Abdul Kadir, Juliana Mohd Yusoff, Yuslizawati
topic	Dividends Stock dividends Dividend reinvestment Dividends. Stock dividends. Dividend reinvestment
spellingShingle	Dividends Stock dividends Dividend reinvestment Dividends. Stock dividends. Dividend reinvestment Mohammad Rasul, Mohammad Johari Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari
description	This study attempts to determine the factors affecting determinants of dividend payout in the utilities sector. The factors examined in this study are debt, cash flows, investment and growth. The assumptions that were applied in this research are if a company prefers to make a dividend payout, what are the determinants of it and do the variables have an impact on the dividend payout? Data was obtained from the relevant databases and annual reports of the sampled companies. The study examines a total of 12 listed companies. The data were collected quarterly starting from year 2017 until 2019. In analyzing the data, the study used fixed and random effects and an ordinary least squares model. The findings underline the significant role of the independent variables in deciding the amount of dividend payout in the utilities sector. The more the dividend payment, the better the company's profitability (Bhattacharya 1979). This result was also supported (Ho 2003). As stated by Farman Ali Khan (2017) the decision to pay out dividends is usually based on whether to distribute all of the company's income or keep a portion of it. The results demonstrate that cash flow, and growth have a significant and positive relationship with dividend payout, while, investment has a significant but negative relationship with dividend payment and debt has an insignificant but positive link with dividend payout. The results of this study will help a company's board of directors and management team decide on a dividend strategy that is suitable for the company. The findings can also help shareholders make investment decisions.
format	Thesis
qualification_level	Bachelor degree
author	Mohammad Rasul, Mohammad Johari
author_facet	Mohammad Rasul, Mohammad Johari
author_sort	Mohammad Rasul, Mohammad Johari
title	Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari
title_short	Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari
title_full	Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari
title_fullStr	Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari
title_full_unstemmed	Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari
title_sort	determinants of dividend payout in utiities sector / mohammad rasul mohammad johari
granting_institution	Universiti Teknologi MARA, Johor
granting_department	Faculty of Business and Management
publishDate	2021
url	https://ir.uitm.edu.my/id/eprint/104925/1/104925.pdf
_version_	1818588128361840640

Determinants of dividend payout in utiities sector / Mohammad Rasul Mohammad Johari

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