Efects of Production Costs and Dividend on Profitability of Manufacturing Firms in Nigeria
Student: Christiana Omolade Oyelade (Project, 2025)
Department of Accounting
Ekiti State University, Ado-Ekiti, Ekiti State
Abstract
Thestudy investigated into the effects of production costs and Dividend on profitability of manufacturing firms in Nigeria. Production costs and Dividend were used as proxy for production costs and dividend as independent variables while a return on assets was used as proxy for profitability as dependent variable. Data was sourced from the secondary sources for the period of 2014 and 2023 for the study. Thefindings of thestudy revealed a positive relationship between returns on assets and production costs while there was a positive relationship between dividend and returns on assets. The study recommended that firms should device other means of reducing costs by means of expansion and diversification which will help reduce costs and havepositive impact on profitability
Keywords
For the full publication, please contact the author directly at: christianaoyelade595@gmail.com
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Institutions
- UMA UKPAI SCHOOL OF THEOLOGY, UYO, AKWA IBOM STATE (AFFL TO UNIVERSITY OF UYO) 1
- Umaru Ali Shinkafi Polytechnic, Sokoto, Sokoto State 24
- Umaru Musa Yaradua University, Katsina, Katsina State 28
- Umca, Ilorin (Affiliated To University of Ibadan), Kwara State 1
- University of Abuja, Abuja, Fct 117
- University of Africa, Toru-Orua, Bayelsa State 4
- University of Benin, Benin City, Edo State 362
- University of Calabar Teaching Hospital School of Health Information Mgt. 1
- University of Calabar, Calabar, Cross River State 240
- University of Ibadan, Ibadan, Oyo State 14