Impact of dividend policy on firm performance: A Case Study of India

This study investigates the impact of dividend policy on firm performance. Yearly base data has been taken from twenty companies for one year. In order to find the results, a linear regression model is applied to the values of these variables. Results show the significant and insignificant relationships between dividend policy and profitability, while in some case return on asset has shown a negative relationship with dividend policy. Result also shows that selected dividend policy variables have explained a certain percentage of return while the remaining percentage will be shown by other dividend policy variables. Furthermore, due to the shortage of data of variables more work is needed to be done in future with certain implications