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A Comparative Analysis of Dividend Policy of Public and Private Sector Banks in India
Theories of Dividend Distribution are one of the hotly debated topics in corporate finance. In this research paper forty banking sector companies in India are taken into account, for analysis. Out of these, twenty four are public sector banks, whereas sixteen are private sector banks. The statistical analysis showed that there is no significant difference in Dividend Pay-out Ratio of public and private sector banks. The data is considered for five financial years, i.e. 2010-11, 2011-12, 2012-13, 2013-14, and 2014-15.
Banks, Dividend Pay-Out Ratio, Private, Public.
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