Role Of Dividend With Effect On Share Price Volatility In Nse India – A Case Study Of India Cement Company-An Empirical Study.

Abstract

Purpose: In general dividend is paid once in a year to the investors according to their investments made in the company. Dividend is one of the ways where the investors can make money out of their investments. This paper explains about Share price Volatility of India Cement before and after announcement using Arch Model.
Design/Methodology/Approach: This paper explains about Share price Volatility of India Cement before and after announcement using Arch Model. When a part of the profit is distributed among the investors of the company is known as “Dividend”. In general dividend is paid once in a year to the investors according to their investments made in the company. Dividend is one of the ways where the investors can make money out of their investments.
Originality/Value: Secondary data was culled from 10 public sector banks' annual reports. The website www.moneycontrol.com was used to gather additional data for the purposes of analysis and verification. Prior to being used for the research, the data underwent certain basic mathematical processes, such as calculating the ratios.
Findings: The study is restricted to consider only the share prices of the stocks on dividend announcement day. The study is confined to 10 selected cement industries which are listed in National Stock Exchange. Ten years, from 2013 to 2022, make up the research period.