AK

Adekunle Kikelomo J

Federal University, Ilaro, Ogun State, Nigeria

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Research Article Vol. 11, Issue 2

FINANCIAL LEVERAGE AND DIVIDEND POLICY OF LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA

Adekunle Kikelomo J*, Fatoki Olawale J, Ogidan Oladapo I

This study investigated the impact of financial leverage on dividend policy of quoted industrial goods firms in Nigeria. This paper examined the influence of debt-to-equity ratio (DER), debt-to-asset ratio (DAR), and interest coverage ratio (ICR) on dividend per share. Correlational research design was adopted and employed secondary panel data obta...

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