The Effect of Dividend Policy Stability on the Performancee of Banking Sector Listed on Amman Stock Exchange
Dr. Waseem Al- Haddad, Dr. Saleh Al- Zorqan, Dr. Shukairi – Musa, Dr. Mahmood – Noor
Abstract
The enormous number of published theoretical and empirical papers has kept dividend policy in its prominent status in the corporate finance literature. This paper examines the dividend policy of listed banking corporations in the Amman Stock Exchange (ASE) during the period (2000-2006). Dividend payout ratios and the related dividend policy's stability are also examined. Finally, and through employing the panel data methodology, based on the empirical evidence, we will show that the banking sector follows unstable cash dividend policies.
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