Dividend policy impacts share prices of Bursa Malaysia listed companies
The study looked at how dividend policies affect share prices of companies on the FTSE Bursa Malaysia 100 index. They analyzed factors like dividend yield, volume traded, and company size. The results showed that dividend payout didn't have a big impact on share prices, but dividend yield did. Return on invested capital, volume traded, and company size all had significant effects on share prices. Free cash flow yield didn't make a difference. This means that dividend policies can really influence share prices, which is important for both companies and investors.