ABSTRACT
This study reveals that choice of dividend policy is a financial management decision that deserves a great care to strike and maintain a balance between:-
1.Paying out earnings (or part) to the stockholder.
2.Retaining it for reinvestments by the firm.
Ordinarily, the objectives above represent two different interest groups viz. The investor clamorous for high dividend pay-out, the investment (the firm) otherwise, higher dividend pay-out, means higher cash flow to the investors, which is good, but a lower future growth of the firm which on the other hand.
Therefore, an optional dividend policy is required to reconcile these opposing forces and maximize the price of the stock. The impact of dividend policy in market price of shares was discovered. Higher dividend payout attracts more investors and when there is rush for a company’s stock, the price will move up uientele effect. This is a common view of different authorities as shown by the literature review of this research.
The objective of this study is to investigate what effect a dividend policy adopted by a firm has on the market value of share of that company. The statistical analysis of this work was the computation of the share price in the market for the company with the dividend piggens in the first place and with the earning figures in the second place.
It was discovered using correlation coefficient that a strong positive relationship exists between the company’s dividend policy and her share. The hypothesis formulated was tested using analysis data. It should that dividend policy has impact on the firm’s share price. It is therefore uncommercial end that dividend pay-out be given a deserved consideration since it has a positive influence on the share price.
In conclusion, dividend policy has impacts on market value of shares.
TABLE OF CONTENT
Title page
Dedication
Approval
Acknowledgement
Abstract
Table of content
Proposal
CHAPTER ONE
1.0Introduction
1.1Preamble
1.2Statement of Problem
1.3Purpose of the Study
1.4Significant of the Study
1.5Research Hypothesis
1.6Scope and Limitation of the Study
1.7Concise Historical Background of the Study
1.8Definition of Terms
1.9References.
CHAPTER TWO
2.0Literature Review
2.1Theories on Dividend Policy
2.2Union bank of Nigeria
2.3Role of dividend policy in banking
2.4Criticisms of the Theories
References
CHAPTER THREE
3.0Research Methodology And Design
3.1Research Population and Sample Size
3.2Methodology Statistical Analysis
3.3Ratio analysis
3.4Graphical analysis
CHAPTER FOUR
4.0Data Presentation And Analysis
4.1Presentation of Data
4.2Analysis
4.3Testing of Hypothesis
4.4Interpretation of Results.
Reference
CHAPTER FIVE
5.0Summary And Conclusions Of Findings
5.1Discussion of findings
5.2Conclusion
5.3Recommendations
Bibliography
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2012, 09). Dividend Policy And Its Impact On Share Price Valuation (a Case Study Of Union Bank Of Nigeria Plc).. ProjectStoc.com. Retrieved 09, 2012, from https://projectstoc.com/read/35/dividend-policy-and-its-impact-on-share-price-valuation-a-case-study-of-union-bank-of-nigeria-plc
"Dividend Policy And Its Impact On Share Price Valuation (a Case Study Of Union Bank Of Nigeria Plc)." ProjectStoc.com. 09 2012. 2012. 09 2012 <https://projectstoc.com/read/35/dividend-policy-and-its-impact-on-share-price-valuation-a-case-study-of-union-bank-of-nigeria-plc>.
"Dividend Policy And Its Impact On Share Price Valuation (a Case Study Of Union Bank Of Nigeria Plc).." ProjectStoc.com. ProjectStoc.com, 09 2012. Web. 09 2012. <https://projectstoc.com/read/35/dividend-policy-and-its-impact-on-share-price-valuation-a-case-study-of-union-bank-of-nigeria-plc>.
"Dividend Policy And Its Impact On Share Price Valuation (a Case Study Of Union Bank Of Nigeria Plc).." ProjectStoc.com. 09, 2012. Accessed 09, 2012. https://projectstoc.com/read/35/dividend-policy-and-its-impact-on-share-price-valuation-a-case-study-of-union-bank-of-nigeria-plc.
- Related Works
- Loan Syndication As An Alternative To Business Finance In Nigeria
- A Critical Appaisal Of Current Assest Management In Bublic Limited Liability Companies (a Case Study Of Nigerian Breweries Plc Enugu)
- The Role Of Nigeria Agricultural Co-operative And Rural Development Bank On Nigeria Economy
- The Impact Of Industrial Training On Banking Finance Students (a Case Study Of I.m.t Enugu)
- The Impo Rtance Of The Nigerian Capital Market To Business Organizations. (a Case Study Of Portacourt Stock Exchange)
- The Role Of Financial Sector In The Promotion Of Non – Oil Exports In Nigeria
- An Exammination Of The Techinques Of Managing Financial Distress In The Nigeria Banking Industry
- The Problems Of Obtaining Bank Loans By Small-scale Industry From Nigeria Bank
- An Evaluation Of The Nigerian Commercial Banks
- The Effect Of Financial Accounting Reporting On The Management Of A Business. A Case Study Of Agu Bros Trading Company Limited 1987.