Macroeconomic and the malaysian equity market / Sheikh Shazrin Sheikh Ilman

Dividend payout policy has been a major puzzle in the financial world. It is still quite a mystery what determines the ratio of dividend that companies give out. Hence, the interest in conducting the study in Malaysia since past researches have mostly focused in developed countries. Dividend payout...

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Bibliographic Details
Main Author: Sheikh Ilman, Sheikh Shazrin
Format: Thesis
Language:English
Published: 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/95331/1/95331.pdf
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Summary:Dividend payout policy has been a major puzzle in the financial world. It is still quite a mystery what determines the ratio of dividend that companies give out. Hence, the interest in conducting the study in Malaysia since past researches have mostly focused in developed countries. Dividend payout ensures stakeholders remain satisfied that they are getting the return on their investment. The study is focused primarily on companies that are listed in Bursa Malaysia to get accurate information on their financials. This study is conducted to investigate the relationship between dividend payout ratio and its determinants mainly growth, profitability, market capitalization and leverage. This will determine what affects dividend payout ratio the most. This research will use a panel data based on a yearly basis from the year 2012 to 2016. The analysis of the data will be done using E-views software. Panel series econometric techniques of Ordinary Least Square regression will be used to study the relationship between dividend payout ratio and the selected determinants.