Skip navigation
st. Mary's University Institutional Repository St. Mary's University Institutional Repository

Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/2476
Title: Determinants of Dividend payout: An Empirical Study in Ethiopian Private Banks
Authors: Mitiku, Elias
Keywords: Dividend payout, Private Banks
Issue Date: 15-Jul-2015
Publisher: ST.MARY'S UNIVERSITY
Abstract: The main purpose of the study was to examine the determinants of dividend payout in Ethiopian private banks. Five years data from 2009/10 to 2013/14 were collected from National bank of Ethiopia and banks audited financial statement. The collected data were analyzed using panel data regression technique. The study used dividend payout as a dependent variable and seven independent variables; they are profitability, liquidity, leverage, lagged dividend payout, growth, size and risk. The finding indicated that among the seven independent variables; lagged dividend payout, growth, size and risk have statistically significant impact on dividend payout; the rest three variables have no statistical significant impact on dividend payout. Therefore, lagged dividend payout, growth, size and risk have a significant impact on dividend payout in Ethiopian private banks and board of directors of banks need to consider these variables while designing their dividend payout policy; on the same token investors need to consider these variables in their investment decisions when they want to make an investment in Ethiopian private banks.
URI: http://hdl.handle.net/123456789/2476
Appears in Collections:The 7th Multidisciplinary Research Seminar

Files in This Item:
File Description SizeFormat 
Elias Mitiku.pdf451.83 kBAdobe PDFView/Open
Show full item record


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.