Determinants of dividend payout on highest paid dividend companies in Malaysia / Mohamad Hifzul Azad Mohd Razak

The company's dividend payout strategy is one of the most hotly disputed topics in corporate finance, with some scholars calling it an unsolved conundrum. Even though a great deal of study has been done on dividends, there is no consistent answer to the question of what factors influence the di...

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Bibliographic Details
Main Author: Mohd Razak, Mohamad Hifzul Azad
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/98575/1/98575.pdf
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Summary:The company's dividend payout strategy is one of the most hotly disputed topics in corporate finance, with some scholars calling it an unsolved conundrum. Even though a great deal of study has been done on dividends, there is no consistent answer to the question of what factors influence the dividend payment ratios of firms. As a result, I have decided to conduct research into the factors that influence the dividend payout ratios of large and medium-cap businesses listed on the Stockholm stock exchange. The goal of the research is to see if there is a link between a variety of parameters and the dividend payment ratios of various corporations. A secondary purpose is to see if there are any changes in the influence of company-specific characteristics between large and medium-sized companies. As a result, we looked back at earlier research and dividend theories to see which factors might have an impact on the companies' dividend distribution ratios. I opted to evaluate the association between the dividend payout ratio and five company-specific factors based on the literature: liquidity, profitability, firm size, and cash flow. The data included in the study were secondary data acquired during a ten-year period, from 2012 to 2021.