Effect of Liquidity of Dividend Payout of Listed Consumer Goods Firms in Nigeria
##plugins.themes.academic_pro.article.main##
Abstract
The study is designed to investigate the effect of liquidity on dividend payout of listed consumer goods firms in Nigeria. The study covers a period of ten years (2010-2019). The study employes correlational and ex-post facto research designs using 10 out of the 20 listed consumer goods firms in Nigeria. The study also employes secondary data where it is discovered at there is insignificant relationship of the two explanatory variables (sales growth, and liquidity) with dividend payout. The study recommends that the management of listed consumer goods firms in Nigeria should reduce current liability and increase stock, debtor collection and cash at bank in order it increase dividend payout.