Determination of dividend payout : Property and plantation industries from public listed companies Malaysia / Siti Nuratiqah Azman

Property and plantation industries are popular among the investor and also the consumer. It is because whatever in worse condition like inflation and fluctuation in currency, people will always seeking their needs. For an example houses, human need to buy house to live in there. Palm oil also the needs that human want for them to cook every day. Same goes to the investor, this two industries will give them benefit if they are investing. Benefit that they earned is dividend. Whether they earned every year or not, this research paper will study the determinants of dividend payout. The aim of this research is to investigate the relationship of dividend payout in the area of property and plantation industries by using firms that are based on the Public Listed Companies in Malaysia. There are five variables used in this study which are leverage, liquidity, profitability, firm risk and firm growth. These independent variable showing thee company performance and also using dividend payout ratio (DPR) as a proxy of dividend payout. The test that will be using in this study are pooled ordinary least square (POLS) method. This research attempted to analyze the factors that shows the relationship between the dividend payout on properties and plantation industry in Malaysia. By doing this research, it can help the investor to know their potential in investing. Some company are given the dividend to its shareholder, while others company might not pay dividend because they prefer to invest their earnings to grow. There are two types of investor which are active and passive. In generally, active investor will choose the company that not pay dividend because they are risk taker and always monitor their activity in order to gain more profit, while passive investor will choose company that pay dividend because they are not a risk taker. In this study, the finding for the variable leverage, liquidity, profitability, firm risk are positive relationship while variable firm growth are negative relationship with dividend payout ratio.