Stable dividends reduce uncertainty in the financial market. This reduces cost and in turn enhance shareholder wealth. Scholars have argued that developing stock markets do not follow stable dividend path and the outcome could be depressed stock price. The study investigated the hypothesis of...

Dividend decisions continue to fascinate scholars and researchers all around the world. Determinants of dividend payout have been widely investigated but results are not always consistent. This paper investigated how well current after tax earnings and prior dividends influence dividend...

The essence of strategy is to attempt to relate the organization to the changes in the environment. For any organization, strategy helps in interrogating the long term plans and ensuring that there is harmony between the vision, mission, objectives, core values, activities and its environment....