Earnings impact on dividend payout decisions on the Nigerian stock exchange

dc.contributor.authorAbdulkadir, Rihanat Idowu
dc.contributor.authorSalman, Ramat Titilayo
dc.date.accessioned2021-02-17T13:00:31Z
dc.date.available2021-02-17T13:00:31Z
dc.date.issued2014
dc.description.abstractThe argument that the link between earnings and dividend has weakened stimulates the interest to re-examine the relationship. Based on a sample of 774 firm-year observations drawn from 126 non-financial firms listed on the Nigerian Stock Exchange, the study examined the effect of the main determinants of dividend payout as given in Lintner's model and other variables on dividend payout decisions in the Nigerian market. Both descriptive analysis and logit regression analysis were employed in proffering answers to the research questions raised. Findings indicate strong support for Lintner's model as it was revealed that the level of earnings and past dividend are still paramount in dividend decision of firms listed on the exchange. Thus, the study concludes that the relationship between dividend and earnings has not weakened on the Nigerian Stock Exchange.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/4369
dc.language.isoenen_US
dc.publisherFaculty of Management Sciences, Ladoke Akintola University, Ogbomoshoen_US
dc.subjectEarningsen_US
dc.subjectDividenden_US
dc.subjectPayouten_US
dc.subjectStock Exchangeen_US
dc.titleEarnings impact on dividend payout decisions on the Nigerian stock exchangeen_US
dc.typeArticleen_US

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