The announcement of interim dividends and its effect on share prices / Asri Mahmood

Mahmood, Asri (1992) The announcement of interim dividends and its effect on share prices / Asri Mahmood. [Student Project] (Unpublished)
Abstract

This study is a replicate of a study conducted by Brickley (1983) in which the implication of information signalling is studied. However, this study will only focus on the announcement of interim dividend and its effect on share prices. Only companies which are listed under the Industrials Section of the Kuala Lumpur Stock Exchange will be considered as samples. Through the analysis of data, it has been ascertained that the announcement of interim dividends did- not affect the share prices of the companies. With a consistent investment policy, the dividend policy of a company is not relevant in affecting the share prices of a company.

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