出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:This paper examines the relationship between stock prices and dividend policy. To test the relationship, it uses multiple least square regressions for its analysis. The model developed for this research evaluates the relationship between dividend policy and stock price volatility over a span of ten years. The analysis utilizes multiple regressions to describe these relationships and also includes a correlation analysis amongst the variables chosen. The results conveyed a negative impact of the two components of the dividend policy that is D-P and D-Y on the share price volatility. This demonstrated that Jordanian industrial firms had their dividend yield rise, the stock prices tended to stabilize while the price volatility declined and thus lowers the share price risks. The results also demonstrated that higher payout ratios would mean low volatility of the stock price. Keywords; Divined Policy, Stock Price, Volatility, Jordanian Financial Market.
其他摘要:This paper examines the relationship between stock prices and dividend policy. To test the relationship, it uses multiple least square regressions for its analysis. The model developed for this research evaluates the relationship between dividend policy and stock price volatility over a span of ten years. The analysis utilizes multiple regressions to describe these relationships and also includes a correlation analysis amongst the variables chosen. The results conveyed a negative impact of the two components of the dividend policy that is D-P and D-Y on the share price volatility. This demonstrated that Jordanian industrial firms had their dividend yield rise, the stock prices tended to stabilize while the price volatility declined and thus lowers the share price risks. The results also demonstrated that higher payout ratios would mean low volatility of the stock price. Keywords; Divined Policy, Stock Price, Volatility, Jordanian Financial Market.