Determinants of dividend policy in energy sector / Siti Nadzirah Zainal

This study investigates the determinant of dividend policy in energy sector in Malaysia firms. Besides that, the purpose of this study is to have a clear view on the determination of dividend policy and to study the interaction between dependent variable and independent variable. This paper used a sample of 40 firms listed on the Kuala Lumpur Stock Exchange (KLSE). The independent variable that used in this study is earnings per share, leverage ratio, firm size and investment opportunities. The data was collected from 2009 until 2019. The expected finding of this research is there is positive significant effect between earning per share, firm size and investment opportunities with the dividend payout ratio, while leverage ratio have a negative significant effect with dividend pay-out ratio.