THE CURRENT STATE OF DIVIDEND POLICY IN JOINT-STOCK COMPANIES IN UZBEKISTAN AND ITS DEVELOPMENT WAYS

Аннотация

It can be seen that the theoretical bases of dividend policy are analyzed according to the global and national literatures. Especially, there are learnt interrelations between dividend and reinvestment, the role of financial management in dividend policy, factors which affect dividend payouts, the influence of dividend policy on stock price growth, impacts of corruption on distribution of profit, threat of takeovers and others. In these cases, several issues are known in dividend policies of national joint-stock companies with the help of scientific thoughts of researchers. Practically, national banks and insurance companies are investigated as most developing joint-stock companies in Uzbekistan. The financial information of banks and insurance companies on dividend payouts is learnt significantly and the indicators of dividends on common and preferred stocks are analyzed in detail. On the basis of the above-mentioned analyses, scientific conclusions and practical recommendations are given in the article.