International Journal of Scientific and Research Publications

Home
About Us
Editorial Board

Online Publication

Log In
New User?
       Register Now!
Forgot Password?
       Email Password!


Call For Papers

Call for Research Paper

Authors

Online Submission
Paper Submission Guidelines
Online Publication Charge
Print Publication Charge
How to publish research paper
Publication Certificate
Research Catalogue
Resources
FAQs

Reviewer

Join Reviewer Panel
Reviewer Guidelines

IJSRP Publications

E-Journal
Print Journal

Downloads

IJSRP Paper Format
Instructions

Contact Us

Feedback Form
Contact Us
Site Map

IJSRP, Volume 8, Issue 6, June 2018 Edition [ISSN 2250-3153]



      EBIRE Kolawole, MUKHTAR Salisu Sadiq, ONMONYA Lucky

Abstract: The oil and gas sector has been the main stay of the Nigerian economy which has attracted lots of investors and consequently maximization of wealth in the form of dividend. This study therefore investigated the effect of dividend policy on the performance of listed oil and gas firms in Nigeria spanning from 2007-2016. Secondary data were sourced from 9 listed firms which formed the sample size of this study. The collected data were analysed using descriptive statistics, correlations matrix and pooled regression analysis. Also, residuals of result were subjected to various diagnostic tests such as Variance Inflation Factor and Heteroskedasticity. Findings from the analysis revealed that dividend payout ratio and retained earnings positively affects earnings per share of listed oil and gas firms in Nigeria while dividend yield had a significant but negative effect on earning per share. Based on this, the study therefore recommends that oil and gas firms willing to maximize shareholders wealth and firms value should endeavor to consistently increase their dividend payout ratio as this sends a signal that the firm is financially healthy.

[Reference this Paper]   [BACK]

Ooops! It appears you don't have a PDF plugin for this barrPostingser. you can click here to download the PDF file.

Reference this Research Paper (copy & paste below code):

EBIRE Kolawole, MUKHTAR Salisu Sadiq, ONMONYA Lucky (2018); Effect of dividend policy on the performance of listed oil and gas firms in Nigeria; International Journal of Scientific and Research Publications (IJSRP) 8(6) (ISSN: 2250-3153), DOI: http://dx.doi.org/10.29322/IJSRP.8.6.2018.p7837

IJSRP PUBLICATIONS

Home

About Us
Editorial Board
Call for Paper

Call for Research Paper
Paper Status
IJSRP Paper Format
Join Us

Download e-journal
Join Forum
Invite Friends
Subscribe
Get Social with Us!



Copyright © 2011-2016, IJSRP Inc., All rights reserved.