An Impact of Dividend Policy on Stock Price of Selected Pharmaceutical Companies in India
| Vol-4 | Issue-5 | May 2019 | Published Online: 25 May 2019 PDF ( 398 KB ) | ||
| Author(s) | ||
Mr. Nirav K. Shah
1;
Dr. Butalal C. Ajmera
2
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1Research Scholar, M.K. Bhavnagar University, Gujarat(India) 2Associate Professor,Department of Commerce, M.K. Bhavnagar University, Gujarat (India) |
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| Abstract | ||
The purpose of the study was to determine the effect of dividend policy on stock price of selected pharmaceutical companies in India. This study was based on 10 different pharmaceutical companies of India and researcher took 10 years financial data for such study. Here 5 independent variable were used to compare with stock price as dependent variable. The findings of such study will help to selected pharmaceutical companies to frame future strategy regarding dividend policy, distribution of dividend which help them to maximize the wealth of the shareholders as well as increase the stock price of the company which is the primary objective of any company. |
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| Keywords | ||
| Dividend Policy, Stock Price, Earning per share, Dividend per Share, Retained Earning, Retention Ratio, Dividend Payout Ratio, Return on Equity, Growth of the Firm, Size of the Firm, Total Assets, Total Debt, Net Worth. | ||
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