TRENDS IN DIVIDEND: A STUDY OF SELECTED CEMENT COMPANIES IN INDIA
Journal Title: PARIPEX-Indian Journal of Research - Year 2017, Vol 6, Issue 1
Abstract
The term dividend refers to the part of firm’s net profit distributed to shareholders. The policy concerning the quantum of profits to be distributed as dividends is known as dividend policy. Dividend decision is considered as one of the most important decisions that the managers make as it affects the availability of firms’ resources for growth and perhaps, the wealth of the share holders. It is therefore, essential to study the dividend practices of a firm. The study tries to analyze the dividend declared by the companies in the same industry differs significantly or not. The study reveals that there is an increasing trend in dividend per share of Ultratechc Ltd., Shree Cement Ltd. &Ambuja Cement Ltd. On the other hand there is a decreasing trend in dividend per share of Acc Cement Ltd., RamcoCement Ltd. &J.K.Cement Limited. The study concludes that the dividends declared by the Cement Companies are varied significantly.
Authors and Affiliations
Nagesh. M. R.
Keywords
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