The Impact of Dividend Policy : A Case of Petroleum Sector, Pakistan

Abstract

In this study researchers has analysed the impact the “dividend pay-out ratio” of corporations which comes in the oil and gas sector at Pakistan stock exchange. A sample of 13 corporations was selected and the data is analysed for years 2009 to 2014. In this study data was analysed though regression analysis, pie-charts and mean differences graph. And variables of the study was ROA, EBT, ROE, EPS and D/E ratio of all the selected corporations.as dividend pay-out was the independent variable of the study and all other was dependent variables of the study. On the basis of results we have found that there is no effect of dividend pay-out on the EBT and ROE and all other have a positive impact.