UNIVERSITY INSTITUTE OF LEGAL STUDIES

PANJAB UNIVERSITY

A Project Report Submitted as a part of curriculum of B. Com LLB

(Hons.) in the Subject of Financial Management
on the topic

Study of 5 Companies with respect to Dividend Policy

Submitted To- Submitted by-

Dr. Abha Sethi Jayant Singla
UILS, B. Com LLB(H.)
Panjab University, Sem-4 (Sec E)
Chandigarh Roll No. 249/20

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 Acknowledgement
The success and final outcome of this project required a lot of guidance and assistance from
many people and I am extremely fortunate to have got this all along the completion of my
project. Whatever I have done is only due to such guidance and I would never forget to thank
them.

I take this opportunity to record deep sense of gratitude to my teacher,

Dr. Abha Sethi Ma’am, University Institute of Legal Studies, Chandigarh for her incontestably
perfect unmatched guidance, encouragement, valuable suggestions and efforts made during the
preparation of this project and during her lectures which enabled me to complete this project
successfully on the topic,

“Study of 5 Companies with respect to Dividend Policy ”

I owe my regards to the entire faculty of the Department of Legal Studies from where I have
learnt the basics of law and whose informal discussions, intellectual support helped me in the
entire duration of this work.

Jayant Singla
B. Com LLB (Hons.)
Semester- 4 (Sec-E)
Roll No.- 249/20

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 Table of Contents
Serial No. Heading Page No.
1. Introduction 04
2. Types of Dividend Policy 05
3. Theories of Dividend Policy 08
4. Determinants of Dividend Policy 13
5. Dividend Policies of 5 companies 15
6. Conclusion 20
7. Bibliography 21

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 Bibliography
 S.K Gupta and R.K Sharma, Management Accounting and Business Finance, Kalyani
Publications
 https://www.researchgate.net/publication/
280935464_A_Study_On_Dividend_Policy_And_Its_Impact_On_The_Shareholders_We
alth_In_Selected_Banking_Companies_In_India/link/55f6c44f08aec948c462f14b/
download
 https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/dividend-
policy/
 https://www.koreascience.or.kr/article/JAKO202029062616556.page
 https://www.shivajicollege.ac.in/sPanel/uploads/econtent/
e28134831bacb44ecc9a740f8135f15a.pdf

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