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UPDATED ARTICLE REPORT FIN544.docx - UNIVERSITI TEKNOLOGI...

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UNIVERSITI TEKNOLOGI MARA, KAMPUS PUNCAK ALAMFAKULTI PENGURUSAN DAN PERNIAGAANBACHELOR OF BUSINESS ADMINISTRATION (HONS) FINANCEADVANCED CORPORATE FINANCE (FIN544)GROUP 2 (BA242-3E)TITLE : DIVIDEND POLICY OR DIVIDEND PAYOUTPREPARED BY :NAMEMATIRX NOMUHAMMAD SYAFIQ BIN MOHD MAZRI2021196299NUR ELYANA SHAHEERA BINTI SAIFUL LIZAN2021171801NURSYAUQINA NASRIN BINTI MASDI2021189735ZULHILMI BIN ZANAIL ABADIN2021171735PREPARED FOR :DR IMANI BT MOKHTARSUBMITTED DATE:7THJANUARY 20221
TABLE OF CONTENTSNO.CONTENTSPAGES1.INTRODUCTION32.RESEARCH SAMPLE & METHODOLOGY4-53.DETERMINANTS FACTOR DIVIDEND FROM OTHERCOUNTRY3.1Determinants Factor Dividend From Sri Lanka3.2Determinants Factor Dividend From India3.3Determinants Factor Dividend From Malaysia3.4Determinants Factor Dividend From Indonesia3.5 Determinants Factor Dividend From China3.6Determinants Factor Dividend From Thailand3.7Determinants Factor Dividend In Ukraine3.8Determinants Factor Dividend In Pakistan6-78-1112-1415-1617-1819-2021-2425-274.FINDINGS AND CONCLUSION285.REFERENCES296.APPENDICES30-312
1.0 INTRODUCTIONDividend Policy decision is very important and it still remained controversial sincethe beginning of the company finance study on dividend policy. It is categorized as acomplicated situation in companies because there are a lot of parties’ interests involved.There has been a lot of research done by the finance scholars in finding the importance andalso the factors that will impact the dividend policy. However, the researchers could not reacha conclusion on a fixed factors for dividend policy of all the firms because the factors thatinfluence dividend policy for each company differs from each other.Financial and legal considerations are involved in the dividend declaration. If there isno risk of capital impairment, only then the dividends can be paid out according to the legalconsiderations. However, the different financial variables make it difficult for management tomake a choice about dividend distribution. Every firms has their profit allocated to theirstockholders through share repurchase or dividend. Most investors are hoping for a return ontheir investment for every risk they take, therefore they may earn a return on investment byinvesting their current income, which is dividends. A firm with a significant investmentopportunity will not disperse its profits to its shareholders. Thus, dividends and profits shouldnot be distinguished by investors since this might lead to shareholder wealth maximization.There is a lot of factors that influence the value of a firm and also is related to theinvesting strategy of its firm. Researchers also believe that, on average, investors are riskcautious and would rather receive predictable dividends than riskier capital gains. Dividendscan be paid out of earnings and are dependent on the presence of free cash flow. As a result,dividend payments provide a good signal to investors.

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Term
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Dividend

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