THE NEXUS OF DIVIDED PAYOUT AND PROFITABILITY PERFORMANCE OF INSURANCE FIRMS IN NIGERIA
INTRODUCTION The time value of money is a basic investment concept and a basic element in the coventionary theory of finance which dividend policy payment is not excluded. The decision to pay dividend out of earning for a current year rest on the corporate policy and had been issue of interest in financial literature, Nissim and Ziv (2001). Black (1976) hinted that “The harder we look at the dividend picture, the ...
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