The Gaps in Research of Dividend Till Now

There have been many national and international studies in the field of Dividend Policy to date. But, as the Nepalese capital market is in the early stage of development, the conclusion made by the international studies may not be relevant in the Nepalese context. So far the Nepalese studies concerned, there are some studies done which can be considered to be landmark in the field of dividend policy; but many more changes have taken place in Nepalese capital market in last few years and the validity of the past results are doubtful in the present context. Besides this, some researchers have taken only few.

Firms of the same sector as sample and so, the results drawn from those studies may not be accurate to represent the present practices and efforts made in the Nepalese capital markets. So, it is necessary to carry out a fresh study related to dividend pattern of Nepalese companies.

In this study, it is tried to carry out the distinct from other previous studies in items of sample size, nature of the sample firms, and methodology used. The study has covered 6 banks. Five years data have been analyzed with due consideration of EPS, DPS, DPR and MVPS. Analyses of financial indicators, standard deviation, regression analysis etc. are used as the main models in the study with a view to obtain the relevant and accurate results. So, it has been believed that this study will be different than earlier one.