Increase in Earnings and Dividends Boost Stock Prices for Consumer Goods Companies.
The study looked at how earnings per share (EPS) and dividends per share (DPS) affect stock prices in consumer goods companies on the Indonesia Stock Exchange from 2013 to 2017. The researchers found that when EPS increases, stock prices also go up, and the same goes for DPS. They used quantitative methods and found that 80.8% of stock price variations can be explained by EPS and DPS. The conclusion is that both EPS and DPS have a significant impact on stock prices.