Singapore, Malaysia, Saudi Arabia: Dividend Policies Revealed Across Markets
Dividend policy in different countries is influenced by various factors. In Singapore, profitability and size positively affect dividend payouts, while leverage and risk have a negative impact. Malaysia sees firm size as the main determinant, with leverage and risk also playing a role. Saudi Arabia shows that firm size and leverage affect dividends differently. Singapore adjusts dividend payments quickly, Malaysia pays out more than 50% of earnings, and Saudi Arabia adjusts dividends rapidly. In terms of ownership, Singaporean firms benefit from institutional and foreign ownership, while Malaysian firms see benefits from concentrated and foreign ownership. Saudi Arabian firms are positively affected by foreign ownership and profitability, but negatively impacted by concentrated ownership.