Analysis of the Mediating Effect of Macroeconomic Factors on the Relationship between Dividend Policy and Stock Return in Nairobi Securities Exchange in Kenya
Dr. Ondiwa Simon Oluoch
Abstract:Stock Indices are designed to gauge market performance and guide investors in making investment decisions, especially in stock portfolio mix and management. Dividend Policy is an important finance function; organizations need to decide how to distribute dividends and how much dividends to retain and be ploughed back into the business. Between 2009 and 2018, the Nairobi Securities Exchange depicted erratic performance in making investment decisions during the financial crisis and volatility of the securities ex… Show more
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