Changes in the Dividend Pattern

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Acknowledgement

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible (Blair, 2001).

DECLARATION

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University (Blair, 2001).

Signed __________________ Date _________________

Abstract

In this study we have explored the dividend pattern in the markets. The reseasch study analyze the changing pattern of dividends overtime in the corporate firms. There has been analyzed the dividend policy that helps the firms to attract investors. The objectives of the dividend policy have also been analyzed in order to attain the firms efficiency. There have been analyzed different kinds of dividends as well that provide thorough knowledge about the concept of the dividends. The dividend pattern of the corporate firms have undergone many changes that affects the economy of the country accordingly.

Table of Contents

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTRACTIV

CHAPTER 1: INTRODUCTION1

Background of the study1

Problem Statement3

Research Aims and Objectives3

Significance of the Study4

Rationale/ Nature of the study5

Research Questions5

CHAPTER 2: LITERATURE REVIEW6

Theoretical framework6

RIGHT OF PRIORITY16

CHAPTER 3: METHODOLOGY22

Search Technique23

Literature Search24

Inclusion and exclusion criteria25

Search terms - key terms25

Additional Online searches26

Management26

Search rationale26

Critical Appraisal tool27

Appraisal limitations27

Reliability and validity27

Ethical consideration29

Suggestions30

CHAPTER 4: DISCUSSION AND ANALYSIS31

Discussion31

Findings & Analysis36

CHAPTER 5: CONCLUSION40

Recommendations41

REFERENCES43

Chapter 1: Introduction

Background of the study

Dividends are the profits that are paid to shareholders in return for their investment. The most important objective of any company is to promote economic and social welfare of the country through appropriate capital investment. These capital investments are undertaken by the companies in order to deliver the best performance. All the companies, whether public or private, require financial resources (money) to carry out their activities. These activities are adopted either to develop new projects or expand their existing roles. The initiation and development of new projects involves investments. Whatever the case, the means by which individuals or companies to get financial resources are in the process of operation, creation or expansion in the internal or external, short, medium and long term is known as funding sources. Domestic financing is often necessary to start very early in the development of the company when the employer is still implemented the product or business concept as most of the firm's assets are intangible (Sternberg, 2003).

In terms of business accounting, gross profit is the difference between total sales revenue and expenditure on wages and salaries, rents and raw materials, and any other outlays incurred in the day-to-day operation of the firm. Net profit is gross profit net of money costs, such as interest payable on loans and depreciation allowance. After deduction of tax, profit may be distributed among the firm's owners or retained to contribute to reserve and investment funds.

In economics, profit is also regarded as revenue net of cost, but the costs concerned include imputed costs, as well as expenditures on inputs to ...