Effects Of Dividends Policy On The Market Price Of Share

. (A CASE STUDY OF FIRST BANK OF NIGERIA PLC) ABSTRACT The efficient and effective financial administration in corporate organization is sine quad non' to the achievement of the organizational objective. Dividend policy is said to be financial policy that is responsible for the determination of the market price of shares. But there are divergent views on the effect of dividend policy on the market price of shares. Dividend relevance and dividend irrelevance theories. The regression analysis performed on the secondary data collected, using market price of shares as dependent variable, divid…