The effect of dividend announcement on stock return / Hairul Hafiz Bohari

This paper measure the effect of dividend announcement on firms' stock return over 20 companies randomly selected from company listed in main board in Malaysia. For this study, I prefer to take companies from each sector. The purpose of this study is to help investor identifying the impact of s...

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Main Author: Bohari, Hairul Hafiz
Format: Student Project
Language:English
Published: 2007
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/74168/1/74168.pdf
https://ir.uitm.edu.my/id/eprint/74168/
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spelling my.uitm.ir.741682023-03-24T00:17:15Z https://ir.uitm.edu.my/id/eprint/74168/ The effect of dividend announcement on stock return / Hairul Hafiz Bohari Bohari, Hairul Hafiz Financial management. Business finance. Corporation finance Dividends. Stock dividends. Dividend reinvestment This paper measure the effect of dividend announcement on firms' stock return over 20 companies randomly selected from company listed in main board in Malaysia. For this study, I prefer to take companies from each sector. The purpose of this study is to help investor identifying the impact of stock return after 10 days declaration of dividend. Consistent with previous study, the result show those dividend initiations have significantly positive return on stock return. More interestingly, the reaction of stock return to dividend initiation announcement exhibit apparent heterogeneity. However, my study is focus only after the declaration of dividend. Secondary data being used are annual dividend of the company and stock price during the initiation of dividend and after 10 days of initiation of dividend. This study by calculating percentage of dividend and their impact to percentage change in stock return. It is concentrated over 20 companies listed in Main Board of Bursa Malaysia. The time period for this study is 2 years that is from 2005-2006. This study is conducted by Regression analysis used to found the finding. Microsoft excels also help to find the changes in stock and market return during the announcement of dividend. 2007 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/74168/1/74168.pdf The effect of dividend announcement on stock return / Hairul Hafiz Bohari. (2007) [Student Project] (Submitted)
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 Financial management. Business finance. Corporation finance
Dividends. Stock dividends. Dividend reinvestment
spellingShingle Financial management. Business finance. Corporation finance
Dividends. Stock dividends. Dividend reinvestment
Bohari, Hairul Hafiz
The effect of dividend announcement on stock return / Hairul Hafiz Bohari
description This paper measure the effect of dividend announcement on firms' stock return over 20 companies randomly selected from company listed in main board in Malaysia. For this study, I prefer to take companies from each sector. The purpose of this study is to help investor identifying the impact of stock return after 10 days declaration of dividend. Consistent with previous study, the result show those dividend initiations have significantly positive return on stock return. More interestingly, the reaction of stock return to dividend initiation announcement exhibit apparent heterogeneity. However, my study is focus only after the declaration of dividend. Secondary data being used are annual dividend of the company and stock price during the initiation of dividend and after 10 days of initiation of dividend. This study by calculating percentage of dividend and their impact to percentage change in stock return. It is concentrated over 20 companies listed in Main Board of Bursa Malaysia. The time period for this study is 2 years that is from 2005-2006. This study is conducted by Regression analysis used to found the finding. Microsoft excels also help to find the changes in stock and market return during the announcement of dividend.
format Student Project
author Bohari, Hairul Hafiz
author_facet Bohari, Hairul Hafiz
author_sort Bohari, Hairul Hafiz
title The effect of dividend announcement on stock return / Hairul Hafiz Bohari
title_short The effect of dividend announcement on stock return / Hairul Hafiz Bohari
title_full The effect of dividend announcement on stock return / Hairul Hafiz Bohari
title_fullStr The effect of dividend announcement on stock return / Hairul Hafiz Bohari
title_full_unstemmed The effect of dividend announcement on stock return / Hairul Hafiz Bohari
title_sort effect of dividend announcement on stock return / hairul hafiz bohari
publishDate 2007
url https://ir.uitm.edu.my/id/eprint/74168/1/74168.pdf
https://ir.uitm.edu.my/id/eprint/74168/
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score 13.211869