Divided policy is an instrument use by the management of a company to respond the behavioural pattern of the owner of shares i.e shareholder. While divide is the portion or reaction of company’s profit that is distributed to the shareholders. There are various method of divided policy depends on the policy of organization this is to say that dividend policy varies from one company to the other. But there is common established fact with regards to the dividend policy. Ti is purely an indoor management affair.
A lot has been said by some renowned theorists authors operators and regulators of the economy as regard to dividend policy and its effect on market value of shares.
Modigliani and Miller model a theorist postulate in their irrelevance theory that dividend has nothing to do with market value of shares based on assumption while of shares based on assumption while Walter’s and Gordon’s models are of relevant theory that a value of shares respond proportionality to the dividend trend. Gordon models goes further by testing his thesis by way of econometric equation to substantiate his argument likewise efficient market hypotheses (E.M.H) shows how the forces of demand and supply dictates the value of shares in relations to dividend policy and the problem encounter in random walk.
Though the research work reveal other factor that is to be considered to determine the value of shares like investment opportunity viability of the company and strength.
This research work was carried out using two companies as a case study with their five years financial statement. This enable us to critically establish the real effect of dividend on market value of shores from one company to the other and econometric equation of Gordon’s model was used to analyze the data by way of matrix
Title page
Approval page
Dedication.
Acknowledgement
Abstract
Table content
CHAPTER ONE
1.1 INTRODUCTION
1.2 Statements of problem.
1.3 Objective of the study
1.4 Hypotheses
1.5 Significance of the study
1.6 Scope of the study
1.7 Limitation of the study
1.8 Definition of terms
CHAPTER TWO
2.1 LITERATURE REVIEW
2.2 Introduction
2.3 Models of shares valuation
2.4 Summary of the chapter
CHAPTER THREE
3.1 RESEARCH DESIGN AND METHODOLOGY
3.2 Characteristics of population of study
3.3 Sample and sampling procedure
3.4 Data collections and processing procedure
3.5 Instrument for data collection
CHAPTER FOUR
4.1 PRESENTATION AND ANALYSIS OF DATA
4.2 Introduction
4.3 Data presentation
4.4 Data analysis
4.5 Test of hypotheses
4.6 Summary
CHAPTER FIVE
5.1 Summary of findings conclusion and recommendation
5.2 Findings
5.3 Conclusion
5.4 Recommendation
Dividend Policies. (n.d.). UniTopics. https://www.unitopics.com/project/material/dividend-policies/
“Dividend Policies.” UniTopics, https://www.unitopics.com/project/material/dividend-policies/. Accessed 19 September 2024.
“Dividend Policies.” UniTopics, Accessed September 19, 2024. https://www.unitopics.com/project/material/dividend-policies/
Here’s a typical structure for Dividend Policies research projects:
- The title page of Dividend Policies should include the project title, your name, institution, and date.
- The abstract of Dividend Policies should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
- The introduction of Dividend Policies should provide the background information, outline the research problem, and state the objectives and significance of the study.
- Review existing research related to Dividend Policies, identifying gaps the study aims to fill.
- The methodology section of Dividend Policies should describe the research design, data collection methods, and analytical techniques used.
- Present the findings of the Dividend Policies research study using tables, charts, and graphs to illustrate key points.
- Interpret Dividend Policies results, discussing their implications, limitations, and potential areas for future research.
- Summarize the main findings of the Dividend Policies study and restate its significance.
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