Boost Your Investments: Dividend Policy Drives Share Prices in Nigeria
The study looked at how dividend policy affects the share prices of ICT firms in Nigeria. They used data from 2016-2020 and found that higher dividend payouts, dividend per share, and dividend yield led to higher share prices. This means that when companies pay out more dividends, their share prices tend to go up. The study suggests that firms wanting to increase their share prices should consider increasing their dividend payments to attract investors.