2025-04-04https://repository.covenantuniversity.edu.ng/handle/123456789/44615This study examines the possible effects of dividend policy on firm value. The study covers 10 quoted companies studied for the period of 1995 - 2015. In so doing, the methodology adopted is the ordinary least square regression analysis for primary data analyses and multiple regression analysis for the secondary data analyses with models MPS (Market Price per Share) as dependent variable, EPS (Earnings per Share) and DPS (Dividend Per Share) as independent variables. The study shows the relevance of dividend as a signaling model and proves that firm value is greatly influenced by dividend policy as far as public limited companies are concerned.H Social Sciences (General), HB Economic TheoryDIVIDEND POLICY AND VALUE OF THE FIRM: IS DIVIDEND RELEVANT OR NOT?Article