The Relationship Between Financial Performance and Dividend Payout of Saving and Credit Co-operative Societies Registered by Sacco Society Regulatory Authority in Kenya
Abstract
The purpose of the study was to determine the relationship between financial performance and dividend payout of Sacco’s registered by Sasra. Secondary data for 164 Sacco’s was collected for the period 2011 to 2015.The data was analyzed using descriptive statistics for coming up with an understanding, organizing and summarizing the data as well as inferential statistics for making conclusions from the data. Correlation and regression analysis was used in determining the relationship between the variables. The result showed that there exists a positive relationship between dividend payout and financial performance of registered Sacco’s by Sasra. A negative relationship also was shown by one variable- growth. The study recommends that firms should pay dividends based on their financial performance and this entails coming up with a good management strategy and effective dividend policy
Publisher
University Of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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