IJSRP, Volume 10, Issue 9, September 2020 Edition [ISSN 2250-3153]
Langat Kipkemoi Victor
Tea sector is a major source of revenue to the Kenyan government. The study established the effect of production index on dividend payout policy on firms. The general objective analyzes the effect of profit margin on dividend payout in Kericho tea estates. A descriptive research design approach was used and the target population comprised of all the 105 respondents for a target population of 300 in selected tea factories in the county.