The Effect of Dividend Policy on Stock Price: Evidence from An Emerging Country

Authors

  • Harun Dereli Ziraat Yatırım Arastırma Yöneticisi Beyazıt- Istanbul / Turkey
  • Mehmet Sabri Topak Istanbul University, Faculty of Economics Department of Business Administration Beyazıt- Istanbul / Turkey

Keywords:

Dividend Policy, Stock Price Return, Borsa Istanbul

Abstract

This study attempts to explore the effect of dividend policy on the stock prices of the companies in Turkey. A balanced panel data set has been formed with 102 companies listed on Borsa Istanbul Industrial Index (XUSIN) for the period 2004-2016. The results of the models used in the study show no statistically significant effect of gross dividend payout ratio, cash dividend payout ratio and their one-year lagged values on stock prices.

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Published

2021-06-13

How to Cite

Dereli, H., & Topak, M. S. (2021). The Effect of Dividend Policy on Stock Price: Evidence from An Emerging Country. Journal of Business Research - Turk, 10(4), 1186–1197. Retrieved from https://isarder.org/index.php/isarder/article/view/727

Issue

Vol. 10 No. 4 (2018)

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.