Fundamental Determinants of Dividend Decision in Manufacturing Firms: Evidence from Colombo Stock Exchange (CSE).

Lenora, R.S.M; Dayaratne, D.A.I

dc.contributor.author	Lenora, R.S.M
dc.contributor.author	Dayaratne, D.A.I
dc.date.accessioned	2021-01-05T14:31:09Z
dc.date.available	2021-01-05T14:31:09Z
dc.date.issued	2016-12-15
dc.identifier.isbn	978-955-644-052-2
dc.identifier.uri	http://repo.lib.sab.ac.lk:8080/xmlui/handle/123456789/226
dc.description.abstract	This study mainly analyses the determinants of dividend decisions of firms listed in Colombo Stock Exchange (CSE) Sri Lanka. The research involved sixteen companies listed in Colombo Stock Exchange (CSE) and selected data for the period of ten years from 2006 to 2015 for the purpose. The Panel Data regression model is used to test the theoretical relationship between the dividend pay-out and selected fundamental factors. The research found that the profitability, liquidity, leverage, growth and size are some key determinants of the dividend decisions in manufacturing companies in Sri Lanka. The results suggested that more profitable and high liquid manufacturing companies pay more dividends while manufacturing companies with high growth opportunities tend to pay lower dividends. Also, the study clearly showed that profitability, liquidity and size were the three most important factors affecting dividend policy of manufacturing companies in Sri Lanka.	en_US
dc.language.iso	en_US	en_US
dc.publisher	Sabaragamuwa University of Sri Lanka	en_US
dc.subject	Dividend	en_US
dc.subject	Fundamental factors	en_US
dc.subject	CSE	en_US
dc.subject	Manufacturing	en_US
dc.title	Fundamental Determinants of Dividend Decision in Manufacturing Firms: Evidence from Colombo Stock Exchange (CSE).	en_US
dc.type	Article	en_US