Effect Of Dividend Policy On Profitability Of Quoted Oil And Gas Companies (A Study Of Some Selected Oil And Gas Companies)

OHAKWEM UGOCHI CYNTHIA | 69 pages (15108 words) | Projects

ABSTRACT

 This research work examined the effect of dividend policy on the profitability of quoted oil and gas companies. The objective of the study is to determine effect dividend policy on the profitability of quoted oil and gas companies. The research designed used was ex post facto research design. Data were sourced from secondary sources. Analysis of data and testing of hypotheses were done through the aid of statistical tools such as tables, and multiple regression model. The findings from data analyzed indicates that dividend policy has signflcant effect on the profitability of the studied quoted companies dividend policy has signficant effect on the profit after tax; dividend policy has signfIcant effect on return on asset; dividend policy has significant effect on the return on investment companies under study. The study however recommends that Oil and gas firms willing to maximize shareholders wealth and firms value should endeavour to consistently increase their dividend payout ratio as this sends a signal that the firm is financially healthy. Secondly, retained earnings should be set aside whenever possible as this could positively impact the profitability of oil and gas firms in Nigeria and finally the board directors of oil and gas firms should be prudent in declaring dividend as higher dividend could mean that the share price are underpriced which could affect future dividends

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APA

OHAKWEM, C (2021). Effect Of Dividend Policy On Profitability Of Quoted Oil And Gas Companies (A Study Of Some Selected Oil And Gas Companies). Mouau.afribary.org: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-dividend-policy-on-profitability-of-quoted-oil-and-gas-companies-a-study-of-some-selected-oil-and-gas-companies-7-2

MLA 8th

CYNTHIA, OHAKWEM. "Effect Of Dividend Policy On Profitability Of Quoted Oil And Gas Companies (A Study Of Some Selected Oil And Gas Companies)" Mouau.afribary.org. Mouau.afribary.org, 01 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-dividend-policy-on-profitability-of-quoted-oil-and-gas-companies-a-study-of-some-selected-oil-and-gas-companies-7-2. Accessed 26 Nov. 2024.

MLA7

CYNTHIA, OHAKWEM. "Effect Of Dividend Policy On Profitability Of Quoted Oil And Gas Companies (A Study Of Some Selected Oil And Gas Companies)". Mouau.afribary.org, Mouau.afribary.org, 01 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-dividend-policy-on-profitability-of-quoted-oil-and-gas-companies-a-study-of-some-selected-oil-and-gas-companies-7-2 >.

Chicago

CYNTHIA, OHAKWEM. "Effect Of Dividend Policy On Profitability Of Quoted Oil And Gas Companies (A Study Of Some Selected Oil And Gas Companies)" Mouau.afribary.org (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-dividend-policy-on-profitability-of-quoted-oil-and-gas-companies-a-study-of-some-selected-oil-and-gas-companies-7-2

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