their shareholders. Managers pursue this goal through their investment, financing and dividend decisions. Dividend policy … pattern and payment of dividend reflects on the company's financial position and it is a valuable source of information for … investors, managers and lenders. The present study is to analyze the pattern and the determinants of dividend payout by Indian …

hypothesis for India. However, we also found that Indian companies prefer to follow a stable dividend policy. As a result of this … dividend policies vary significantly across industrial sectors in India. The results of this study can be used by financial … also examines the explanatory factors for dividends across individual sectors in India. This longitudinal study uses …