INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Dividend policy, a critical decision for listed companies, involves determining the allocation of profits for retention or distribution as dividends to shareholders. This decision hinges on dynamics such as liquidness and investment prospects. The business performance of companies serves as a pivotal indicator of their sustainability, capturing the interest of investors. This study aimed to assess the impact of dividend policy on Nigerian consumer goods companies, specifically examining the effects of dividend payout, dividend yield, and firm size on financial performance. The study population comprised 169 companies listed on the Nigerian Stock Exchange as of December 31, 2022, with a sample of six companies analyzed over a ten-year period (2012-2021). The findings indicate that dividend payout, dividend yield, and firm size exerted a positive and significant influence on return on assets, while firm liquidity demonstrated a substantial adverse influence on the financial performance of consumer goods companies in Nigeria during the investigation period
"Dividend Policy and Financial Performance of Consumer Goods Companies In Nigeria", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 4, page no.j77-j95, April-2024, Available :http://www.ijnrd.org/papers/IJNRD2404908.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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