Abstract
This paper investigates the relationship between dividend payout ratio and profitability of a firm.
For this, two main sectors of Pakistan are selected, energy and textile. The study covers a time
span of 1996-2008. Firm performance is measured by earning per share (EPS) and return on assets (ROA). The results of logarithmic regression show that no matter what industry is, there is a
negative impact of dividend payout ratio on next year earnings of a firm.
For this, two main sectors of Pakistan are selected, energy and textile. The study covers a time
span of 1996-2008. Firm performance is measured by earning per share (EPS) and return on assets (ROA). The results of logarithmic regression show that no matter what industry is, there is a
negative impact of dividend payout ratio on next year earnings of a firm.
| Original language | Undefined |
|---|---|
| Pages (from-to) | 441-445 |
| Number of pages | 5 |
| Journal | Theoretical Economics Letters |
| Volume | 5 |
| DOIs | |
| Publication status | Published - 29 Jun 2015 |