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EFFECT OF DIVIDEND POLICY ON FIRMS’ EARNING IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY Dividend according to Nwude (2003) “is the share of the company’s legally available profits divided among the shareholders and received by the shareholders in cash (where cash is paid out) or stock (where stock is paid) or both in other forms of paper claims to wealth”. The dividend is a reward for investing in the company. Dividend plays an important role in determining ...

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