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Dividend Policy and Shareholders Wealth; A case of Nigerian Deposit Money Banks

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  • Adam Muhammad Saifullahi

    (Department of Business Administration and Entrepreneurship, Bayero University, Kano, Nigeria)

  • Aminu Kado Kurfi

    (Department of Business Administration and Entrepreneurship, Bayero University, Kano, Nigeria)

  • Jibrin Ramalan

    (Department of Business Administration and Entrepreneurship, Bayero University, Kano, Nigeria)

Abstract

The study tempts to explain the effect of dividend policy on shareholders’ wealth of Nigerian deposit money banks. The main objective of this identify the effect of dividend of policy on shareholders; wealth. The study used secondary as method of data collection, the date was collected from annual report of deposit money banks listed on Nigerian stock exchange for the period of 10 years. Praeson correlation and regression analysis were used to explain the outcome of the study. The study identify that has both positive and negative effect on shareholders’ wealth of Nigerian deposit money banks.

Suggested Citation

  • Adam Muhammad Saifullahi & Aminu Kado Kurfi & Jibrin Ramalan, 2021. "Dividend Policy and Shareholders Wealth; A case of Nigerian Deposit Money Banks," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(4), pages 290-296, April.
    • Handle: RePEc:bcp:journl:v:5:y:2021:i:4:p:290-296
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