The Relationship between interim dividend change and share price of listed firms at the Nairobi Securities Exchange in Kenya

Simple item page
dc.contributor.authorOdundo, M. C.
dc.date.accessioned2026-02-02T16:24:35Z
dc.date.available2026-02-02T16:24:35Z
dc.date.issued2020
dc.descriptionFull - text undergraduate research project
dc.description.abstractOne of the most contentious debates in finance history is on the influence of dividends on share price of listed firms. Key among the decisions considered on this issue is to determine how much dividends is to be paid to shareholders. Maximising shareholders wealth still is a critical factor and this study investigated how change in interim dividends impacts on share price and the influence it has on investor's wealth. It also sought to determine the relationship that exists between the two variables (interim dividends & share price). Using interim dividends as independent variable and stock price as a dependent variable, this research aimed at deriving a clearer conclusion on this topic that previous researchers have failed to agree upon. Secondary data collected from the Nairobi Securities Exchange for the period between 2014 and 2018 will be used in this research. Data analysis methods such as trend analysis and analysis of variance were also used to determine nature and strength the relationship respectively. This study is of importance because it guides managers and investors on the importance of interim dividends and the resulting effect it has on prices of shares. The researcher found a positive significant relationship between announcement of change in interim dividend and share price of listed firms in the NSE. The researcher recommended that further studies should be made regarding non- financial factors in firms that can influence the share price and also that they should increase the time period of their research for more comprehensive results.
dc.identifier.citationOdundo, M. C. (2020). The Relationship between interim dividend change and share price of listed firms at the Nairobi Securities Exchange in Kenya [Strathmore University]. http://hdl.handle.net/11071/16056
dc.identifier.urihttp://hdl.handle.net/11071/16056
dc.language.isoen
dc.publisherStrathmore University
dc.titleThe Relationship between interim dividend change and share price of listed firms at the Nairobi Securities Exchange in Kenya
dc.typeThesis
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
The Relationship between interim dividend change and share price of listed firms at the Nairobi Securities Exchange in Kenya.pdf
Size:
12.44 MB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
BCOM Research Projects (2020)