An empirical investigation of the relationship between dividend and price of shares of IT companies in India
Summary :
Table of Contents
- Introduction
- Broader objectives of the study
- Research methodology
- Analysis of share price and dividend relationship through T-test
- Findinds and suggestions of the study
- Limitations of the study
- Bibliography
- Conclusion
Abstract
This paper attempts to identify the relationship between the price of shares and dividend policy of companies operating in global competitive world. So researcher has selected the most competitive and fastest growing industry of india which has given india the glory and proud through out the world that is Information Technology (IT) Industry. Indian IT Industry has capitalized its position in the Global IT Market by contributing significantly to Indian GDP and major proportion of Indian Export. The researcher has selected 10 IT- companies of india for the study purpose. The researcher has collected share prices of sample units for the period of two months - one month before and one month after declaring dividend for the year. The researcher has collected all the data from capitaline.com and bseindia.com. The researcher has used T-test and one way Analysis of Variance for analysis, interpretation and finding results.
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