#earnings volatility

[ijtsrd]

Relationship between Dividend Policy and Volatility of the share prices: Evidence from Indian Pharmaceutical and IT companies

By Prasad. R | Prof. Anuradha. R"Relationship between Dividend Policy and Volatility of the share prices: Evidence from Indian Pharmaceutical and IT companies"

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-2 , February 2018,

URL: http://www.ijtsrd.com/papers/ijtsrd10734.pdf

Direct URL: http://www.ijtsrd.com/management/accounting-and-finance/10734/relationship-between-dividend-policy-and-volatility-of-the-share-prices-evidence-from-indian-pharmaceutical-and-it-companies/prasad-r

call for paper in ugc approved journals, open access journal of management, medical science journal

The article aims at finding the relationship between the dividend policy and the Volatility of the share prices. Dividend Yield and Dividend Payout has been used to measure the dividend policy. Other control variables such as the Earnings Volatility, Long-Term Debts, Growth in Assets, Firm Size have been used. The data has been collected from the financial years of 2011-2017. Multiple regression and correlation test have been used to find the relationship between the dividend policy and Volatility of the share prices. The findings showed that the Earnings Volatility, Growth In Assets, Long-Term Debts are positively correlated with price volatility while Dividend Payout, Dividend Yieldand Firm Size are negatively correlated with the price volatility.