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Effect of Dividend Announcement on Stock Prices in Banking Industry of Pakistan
ARTICLE

, Bahauddin Zakariya University, Pakistan ; , Indus International Institute DG-Khan, Pakistan ; , , Bahaudin Zakaria University, Pakistan

ILSHS Volume 35, ISSN 2300-2697 Publisher: SciPress

Abstract

This paper proves the result of change in dividend on the stock price. The sample of the population depends on the three banking sector of Pakistan which is Bank Al-Falah, UBL and MCB. In this paper descriptive data was gathered of the five years (2008-2012) related the Banking sectors of the payment of dividend and stock price. The descriptive statistics and regression analysis represent that there is positive or negative relationship has been found between the dividend and stock price. It is proved that the dividend has positive regression with the earning per share and negative regression dividend with the stock price.

Citation

Iqbal, N., Ahmad, N., Ullah, H. & Abbas, A. (2014). Effect of Dividend Announcement on Stock Prices in Banking Industry of Pakistan. International Letters of Social and Humanistic Sciences, 35, 15-25. SciPress. Retrieved February 17, 2019 from .

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