The Impact Of Dividend Policy On Stock Price: Evidence From Vietnamese Market

Abstract

Dividend policy is a key component of corporate finance and has a significant impact on both the interests of shareholders and the financial success of businesses (Brigham & Daves, 2019). The choice of whether to pay dividends, the amount to pay, and the frequency of payments can have a big influence on the stock value of a firm and the happiness of its investors (Ross, Westerfield & Jordan, 2018). Scholars and practitioners have been interested in the connection between dividend policy and stock prices for decades (Gavrilova & Lu, 2021). This is because dividends are one of the key factors influencing stock prices and are sometimes viewed as the most significant indicator of a company's value.