Contemporary Research: A Full text can be downloaded https The Impact of Divi N Jas Bahadur Gurung The study examined the imp sector of Nepal. Out of 27 convenience sampling with t for the analysis. Panel data re analyze the data as the Ha appropriate for describing the that earning per share, divide a positive relationship on st dividend payments lead to a from the outcome of the ran applicable methods related impact of dividend policy on contribute to the existing l especially in the context of N investors, policymakers, and its impact on the stock prices Keywords: Banking industry ratio, Retained earnings, Stoc 1 Cite this article as: Gurung, J. B. An Interdisciplinary Academic Jou Jas Bahadur Gurung, Assistant pro Ramkrishna Chapagain, Assistant p Freelance Researcher, Pokhara, Ne University of Delhi, India. Email: g Article history: Received on Augus Peer reviewed under the authority Nepal, with ISSN 2717-4611 (Prin © 2023CRAIAJ, A Star Rated Jour Creative Commo An Interdisciplinary Academic Journal, 2023, vol. 6 (2): 8 s://www.nepjol.info/index.php/craiaj & http://www idend Policy on Stock Prices: Evidenc Nepalese Banking Sector 1 g, Ramkrishna Chapagain, Amrit Baral & Lija B Abstract pact of dividend policy on market price of shar 7 commercial banks, 10 banks have been se ten years data for the period 2068/69 to 2077/7 regression models (random effect model) has be ausman test suggest the random effect model e relationship among the given variables. The re end per share, price-earnings ratio and retained e tock prices of commercial banks. The study co rise in the market price of a stock. Hence, it ca ndom effect regression model that it is consis to dividend policy, indicating that there is a n the stock price of companies. The findings of th literature on dividend policy and market pri Nepal. The study will also provide important im companies in making decisions regarding divide s. y, Dividend per share, Earning per share, Price-e ck price ., Chapagain, R., Baral, A. & Boro, L. (2023). Contempo urnal, vol. 6 (2); DOI: https://doi.org/10.3126/craiaj.v6i2.6 ofessor, Prithvi Narayan Campus, Tribhuvan University, N professor, School of Business, Pokhara University, Nepal epal & Lija Boro, M.Phil. Scholar, Delhi School of Econo gurung.jmk@gmail.com , ramkrishnachapagain@gmail.co st 23, 2023; Accepted on Nov. 9, 2023; Published on Nov of CRAIAJ, academic journal of Ghodaghodi Multiple C nt) and ISSN 2717-462X (Online). urnal Indexed in Nepjol ons Attribution-NonCommercial-NoDerivatives 4.0 Intern 88-109 88 w.craiaj.info/ ce from Boro re in banking elected under 78 were taken een utilized to l is the most esult indicates earnings have oncluded that an be inferred stent with the a noteworthy his study will ice of share, mplications for dend rules and earnings orary Research: 60250 Nepal.; l; Amrit Baral, omics, om v. 29, 2023 Campus, Kailali, national License