Abstract:
Purpose - Dividend strategy is a highly discussed question in the arena of business among
researchers that caused share price fluctuation. But
discover the determinants of share turnover and share volume. Therefore, this research i
attempt to investigate the influence of dividend strategy (dividend yield, dividend per stock
& payout ratio) on share performance (share price, share turnover & share volume).
Methodology & Design - The data of five pharmaceutical companies have been gathered
fiom the period of 2008 through 2018. The most fundamental regression technique has been
applied to analyze collected data.
no one article reviewed attempt to
is an
Findings - It is figure out from the study that DPR is statistically significant and positively
effect SP & SV, whereas the same variable is statistically insignificant with SP. DPS & DY
proved statistically insignificant association with ST & SV. Furthermore, DPS is statistically
significant & positively influence to SP and DY is statistically significant but negatively
influence to SP.
Recommendations - Company should issue warrants to employees, so they will work
devotedly to boost the earning that consequently rise DPS & DPR. And ensure the stable
dividend policy.
