IMPACT OF DIVIDEND POLICY ON SHAREHOLDERS’ WEALTH IN SELECTED BLUE CHIP COMPANIES OF JORDAN

Author Name : Murad Mohammad Gafil Al-Kasasbeh and Prof. Mohd. Nasir Zamir Qureshi
Volume : II, Issue :VIII,April - 2017
Published on : 2017-04-13 , By : IRJI Publication

Abstract :

Dividend Policy is a policy uses to decide the amount of dividends paid by a company to its shareholders. A company has to take a decision whether to pay out earnings as dividends or to reinvest them. Divided policy is more commonly an instrument of wealth distribution to shareholders than it is an instrument of wealth creation to stakeholders. The present research examines the impact of dividend policy on shareholders’ wealth in selected blue chip companies of Jordan. The study covers a period of five years from 2012 to 2016. Data was collected from various published annual reports and financial statements of selected companies.