Details

Factors Affecting Dividend Payout In Listed Commercial Banks In Kenya


Factors Affecting Dividend Payout In Listed Commercial Banks In Kenya


1. Auflage

von: Joseph Mwanza

16,99 €

Verlag: Grin Verlag
Format: PDF
Veröffentl.: 19.01.2021
ISBN/EAN: 9783346331076
Sprache: englisch
Anzahl Seiten: 34

Dieses eBook erhalten Sie ohne Kopierschutz.

Beschreibungen

Seminar paper from the year 2020 in the subject Business economics - Investment and Finance, Catholic University of Eastern Africa (School of Business), course: Finance, language: English, abstract: This study sought to establish the factors that affect dividend payout of listed commercial banks in Kenya. Specifically, profitability, liquidity, firm size, and past dividend were determined if they affected dividend payout among listed commercial banks in Kenya. The study was based on the Bird in Hand Theory. A correlational research design was used to examine relationship among the variables. The target population for this study consisted of all listed commercial banks in Kenya.

Purposive sampling procedure was used to select listed commercial banks for the study. The study employed secondary data which was obtained from the financial statements of the commercial banks for a period of five years ranging from 2012 to 2016. The study showed that profitability, liquidity, firm size and past DPS accounted for 77.69% of variations in dividend payout for listed commercial banks. All the four factors were found to be significant in affecting dividend payout for the listed commercial banks.

Profitability and past dividend per share were found to be positively correlated with dividend payout while liquidity and firm size were found to be negatively correlated with dividend payout. The researcher recommends more research to be done taking into consideration other factors. These include factors such as the commercial banks management, legal environment, and competition within the banking industry.

Diese Produkte könnten Sie auch interessieren:

Mentorship Unlocked
Mentorship Unlocked
von: Janice Omadeke
PDF ebook
21,99 €
Mentorship Unlocked
Mentorship Unlocked
von: Janice Omadeke
EPUB ebook
24,18 €
Mindfulness
Mindfulness
von: Gill Hasson
PDF ebook
12,99 €