Munich Personal RePEc Archive

The dividend strategy of Indian companies: An empirical assessment

Ghosh, Saibal (2010): The dividend strategy of Indian companies: An empirical assessment. Published in: Artha Vijnana , Vol. 52, No. 2 (June 2010)

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Abstract

The paper uses firms across different ownership categories to examine the factors influencing dividend policy. The results suggest that bigger, mature and low-leveraged firms tend to pay more dividends. As well, the findings suggest that bigger, less profitable and high-leveraged firms are more likely to initiate a dividend cut.

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