The Impact Of Taxes On The Dividend Policies Of Banks In Nigeria

This study attempts to explore the impact of taxes on the dividend policy of Nigerian banks. T o do this, it tries to answer questions as to the actual relationship between taxation and dividend pay-out ratio. It also attempts to explore the possible impact of profits on the dividend pay-out and examines factors influencing dividend policies. The purpose is to reveal how propounded dividend policy theories could apply to Nigerian banks and to make relevant recommendations. The study covers all banks quoted on the NSE using a sample size of 10 banks systematically selected and sample period of …