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Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin

Dividend policy is a policy that help the organization to make decision on the portion of earnings to be paid as dividend to the investor. Through dividend policy, it can help the organization to reduce the agency cost incur. Thus, the purpose of this study is to examine the relationship between Div...

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Main Author: Kamarol Ariffin, Aminah Arifah
Format: Student Project
Language:English
Published: 2019
Subjects:
Dividends. Stock dividends. Dividend reinvestment
Online Access:https://ir.uitm.edu.my/id/eprint/109563/1/109563.pdf
https://ir.uitm.edu.my/id/eprint/109563/
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spelling my.uitm.ir.1095632025-01-23T15:10:47Z https://ir.uitm.edu.my/id/eprint/109563/ Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin Kamarol Ariffin, Aminah Arifah Dividends. Stock dividends. Dividend reinvestment Dividend policy is a policy that help the organization to make decision on the portion of earnings to be paid as dividend to the investor. Through dividend policy, it can help the organization to reduce the agency cost incur. Thus, the purpose of this study is to examine the relationship between Dividend Payout Ratio (DPR) among public listed financial institutions in Malaysia. Secondary data collected form annual report and Data Stream is used with observation of 10 selected financial institutions for period of 15 years from 2004 to 2018. The regression model that has been used in this study is Pooled Ordinary Least Square (POLS), Random Effect Model (REM) and Fixed Effect Model (FEM) method to determine the factor that affect the DPR in financial services sector such as liquidity (LIQ), profitability (PROFIT), investment opportunities (INV), firm size (FS) and leverage (LEV). The results indicate that the LIQ, PROFIT, and LEV shows significant influence towards DPR of Malaysian financial institutions. This study provide useful information especially to the management to develop An effective dividend policy as it will affect the dividend payment decision of the financial institutions in the future time 2019 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/109563/1/109563.pdf Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin. (2019) [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Dividends. Stock dividends. Dividend reinvestment
spellingShingle Dividends. Stock dividends. Dividend reinvestment
Kamarol Ariffin, Aminah Arifah
Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin
description Dividend policy is a policy that help the organization to make decision on the portion of earnings to be paid as dividend to the investor. Through dividend policy, it can help the organization to reduce the agency cost incur. Thus, the purpose of this study is to examine the relationship between Dividend Payout Ratio (DPR) among public listed financial institutions in Malaysia. Secondary data collected form annual report and Data Stream is used with observation of 10 selected financial institutions for period of 15 years from 2004 to 2018. The regression model that has been used in this study is Pooled Ordinary Least Square (POLS), Random Effect Model (REM) and Fixed Effect Model (FEM) method to determine the factor that affect the DPR in financial services sector such as liquidity (LIQ), profitability (PROFIT), investment opportunities (INV), firm size (FS) and leverage (LEV). The results indicate that the LIQ, PROFIT, and LEV shows significant influence towards DPR of Malaysian financial institutions. This study provide useful information especially to the management to develop An effective dividend policy as it will affect the dividend payment decision of the financial institutions in the future time
format Student Project
author Kamarol Ariffin, Aminah Arifah
author_facet Kamarol Ariffin, Aminah Arifah
author_sort Kamarol Ariffin, Aminah Arifah
title Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin
title_short Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin
title_full Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin
title_fullStr Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin
title_full_unstemmed Determinants of dividend payout ratio of financial services sector: evidence from public listed companies in Malaysia / Aminah Arifah Kamarol Ariffin
title_sort determinants of dividend payout ratio of financial services sector: evidence from public listed companies in malaysia / aminah arifah kamarol ariffin
publishDate 2019
url https://ir.uitm.edu.my/id/eprint/109563/1/109563.pdf
https://ir.uitm.edu.my/id/eprint/109563/
_version_ 1823097924265967616
score 13.244413

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