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Shareholder's value and firm's dividend policy: Evidence from public companies in Nigeria

Author Affiliations

  • 1 Faculty of Management Sciences, Nnamdi Azikiwe University Awka, NIGERIA

Res. J. Management Sci., Volume 2, Issue (12), Pages 26-28, December,6 (2013)


This research article examines how share value thus shareholders wealth is affected by dividend policies. This study covers 10 quoted companies in the Nigeria stock exchange. In so doing, the methodology adopted is the least square regression analysis. The co- efficient of determination is R2. This study shows the relevance of dividend and further proves that dividend policies of public limited companies influences the wealth of shareholders in Nigeria.


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