Abstract:
the objective of this study is to examine the dividend policy of
the textile sector of Pakistan and its impact on the wealth of
the shareholders. for that purpose 20 textile firms are selected
as sample for the sake of investigation listed on the stock
exchange of pakistan.total 132 firms are listed on the stock
excahnge of pakistan only 26 were paying dividends out of which
only 20 are selected. the indepedent variables of the study are
dividend payout ratio,growth in assest and profitability (ROE)
where as the dependent variable is the earning per sahre.to
analyze the relaytionship of divivdend policy and the
shareholder wealth three tests are applied regression
analysis,corelation and statistics descriptive.
