The determinant of dividend policy among plantation company in Malaysia / Hamiza Hamzah

This paper is made to finding out about the factors that contributed to the determining the
dividend policy among plantation companies listed in Bursa Malaysia. The secondary data
for analysis is retrieved from UiTM Johor Datastream and the sample of this study
comprises of 7 listed companies from the Bursa Malaysia main board on over 10 years
period from year 2004 to 2013. Methodology used for this study is by using the Multiple
Linear Regression with panel data. In our study, the dependent variable is dividend policy
measured by dividend payout and the independent variables are profitability, liquidity,
current earnings and growth opportunities. Based on the variables, the study aim is to
explore the effects of profitability (ROE), liquidity (CR), current earnings (EBIT) and growth
opportunities (Market Price to Book Value) towards the company dividend policy deicision.
Thus, the result of this research paper will help the company especially the investors to take steps of strategies and decision making based on the dividend policy