ความสัมพันธ์ระหว่างการจ่ายเงินปันผลและการตอบสนองของราคาหลักทรัพย์ ของบริษัทจดทะเบียนในตลาดหลักทรัพย์แห่งประเทศไทย

Abstract

The objectives of this study were (1) to study the level of dividend Payout (2) to test the relationship between dividend payout and market price reaction and (3) to compare dividend payout between industry groups of listed companies in SET 100. The annual reports during 2017-2021 from 79 companies were used to collect the data. Descriptive statistics, multiple regression analysis, and independent-sample t-test were used to analyze the data. The results found that dividend payout was not associated with with market price reaction. Moreover, the dividend payout between S-Curve industry groups and non s-curve industry groups of listed companies in SET 100 were no different.