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Divend Affect
Divend Affect
• The payout ratio provides an idea of how well earnings support the dividend
payments. More mature companies tend to have a higher payout ratio.
• Result match with earlier study conducted by Rashid.A and
rahman.A.Z.M.A.Gordon,1959;Lintner,1962;Fama and French, 1988; Baskin, 1989;
Nishat, 1992; Allen and Rachim, 1996
Dividend Pay out Ratio