Dividend Policy and Firm Performance: Evidence from the Manufacturing Companies Listed on the Colombo Stock Exchange
Keywords:
firm performance, returns on equity, return on assets, dividend policy, dividend payout, earnings per share, sri lanka
Abstract
The main thrust of this study is to find out the relationship between dividend policy and firm performance of listed manufacturing companies in Sri Lanka. Design: A set of listed manufacturing companies have been investigated to using the data representing the periods of 2008 -2012.Returns on equity and return on assets were used as the determinants of firm performance whereas dividend payout and earnings per share were used as the measures of dividend policy. The statistical tests were used includes: descriptive statistics, correlation and regression analyses.
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Published
2014-09-13
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