M.A. Thesis:

financial flexibility and stock dividend

Abstract Cash profit has always been one of the most controversial issues in financial So that interest and more than five decades of the present century economists focused on the topic comprehensive theoretical models and experimental studies. Identify and explain the determinants of cash dividend policy, one of the main concerns of business stakeholders of the economy. The aim of this study was to investigate the relationship between financial flexibility and dividend shares in companies listed on the Stock Exchange of Tehran. A total of 147 companies during the period 1393 to 1389 were studied. Test the hypothesis at 95% using Eviews and Stata software using regression coefficients were analyzed. The results showed that no significant relationship between financial flexibility and no stock dividends.

Keywords: : dividends, dividend, dividend policy and financial flexibility