Asian Journal of Research in Banking and Finance
  • Year: 2014
  • Volume: 4
  • Issue: 8

Investigating the relationship between revenue dispersion and dividend yield and the stock market value of the companies listed in Tehran's security market

  • Author:
  • Shahram Mohammadi1
  • Total Page Count: 8
  • Page Number: 188 to 195

Department of Accounting, Najafabad Branch, Islamic Azad University, Najafabad, Iran

1Corresponding Author

Online published on 6 August, 2014.

Abstract

The main objective of this study is to investigate the relationship between revenue dispersion and dividend yield and the stock market value. This study has three hypotheses. The firs hypothesis investigates the relationship between revenue dispersion and dividend yield. The second hypothesis investigates the relationship between revenue dispersion and the stock market value. The third hypothesis investigates the relationship between dividend yield and the stock market value. The results are indicative of the fact that there is a partial (16%) direct relationship between revenue dispersion and dividend yield. This rate is an indication of a minimal and weak relationship between the two variables. The results also illustrate that there is a partial (12%) direct relationship between revenue dispersion and the stock market value. This rate is an indication of a minimal and weak relationship between the two variables. And according to the findings there is a partial (79%) direct relationship between dividend yield and the stock market value. This rate is an indication of a strong relationship between the two variables.

Keywords

Revenue dispersion, dividend yield, premium investors’ risk