ISSN: 1998 - 4162

JISR MSSE Journal Contents

Volume 7, Number 1, January 2009

Determinants and Dynamics of Dividend Policy: Evidence from Pakistan's Banking Sector
Intikhab Alam - Nil, Nil, Pakistan

This paper analyzes the dividend policy of 18 banks listed on the Karachi Stock Exchange (KSE) during the period 2001-2007. The study outlines the main determinants that may drive the dividend policy of KSE listed banks. Lintner's model has been applied in a dynamic setting. The Lintner model result maintains the listed banks in Pakistan depend on earning per share and past dividend to decide their dividend payments...


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