Factors affecting the dividend payment decision of the listed companies on the stock market of Vietnam

Abstract

The research was undertaken to further empirical answer to the question: Which factors influence dividend payment decision of the listed companies on the stock market of Vietnam, and the impact of them? The author has collected data of 187 companies listed on the Stock Exchange HOSE and HNX, analyse the panel data by to ordinary least square (Pooled OLS) model multiple regressions to examine the relationship between the dividend factors include profit, growth rates, financial leverage, company size, structure assets, cash flow and the type of auditing company. The results showed that: profit, financial leverage, company size, structure assets, and cash flow are the factors that decision to pay dividends of listed companies in Vietnamese stock market.