Dividend Policy Determinants: The Case of Shariah Approved Company (Sac) in Malaysia

• Main Author: Md Hazamani, Musa
• Format: Thesis
• Language: English; English
• Published: 2022
• Subjects: HG Finance
• Online Access: https://etd.uum.edu.my/11119/1/depositpermission-826812.pdf; https://etd.uum.edu.my/11119/2/s826812_01.pdf; https://etd.uum.edu.my/11119/

The purpose of this research is to examine at the factors that influence the dividend determinants of Malaysian publicly traded Shariah listed firms using data from years 2014 to 2020. This research looked at selected independent variables of earnings per share (EPS), net asset value (NAV), price earnings ratio (PER), return on equity (ROE), and dividend yield (DY) as dependent variables. The quantitative approach of panel data regression is used on data obtained from 40 selected Shariah Approved Company (SAC) listed on the stock exchange annual reports. The data also additionally accessed from Datastream. Findings that PER is significantly related to dividend yield of SAC. On the other hand, NAV has a significant relationship with dividend yield of SAC. The findings of this study are valuable to management and firms in determining an effective dividend policy for the firm. The findings can also help shareholders make investment decisions.