International Journal of Engineering and Management Research (IJEMR)
  • Year: 2015
  • Volume: 5
  • Issue: 4

Impact of Dividend on Firm Performance with Reference to Leasing and Hire Purchase Industry in India

  • Author:
  • P.G. Thirumagal1, S. Vasantha2
  • Total Page Count: 7
  • Page Number: 249 to 255

1Assistant Professor, School of Management Studies, VELS University, Chennai, India

2Professor, School of Management Studies, VELS University, Chennai, India

Online published on 21 November, 2017.

Abstract

This paper focuses on the importance of dividend on firm performance by identifying the factors that affect the dividend decision of the company, relationship of dividend with net profit and share price of the companies. The study was carried out for the period of 5 years (2010–2015) and for finance & leasing companies. Top 13 Leasing & Finance companies in India based on the Market capitalization have been considered for the study. The tools used are Correlation, Multiple Regression. The major findings are there were no significant difference between dividend payout and share price of leasing and hire purchase companies.

Keywords

Dividend, Factors, Profit, Earnings, Risk