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
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For the full publication, please contact the author directly at: christianaoyelade595@gmail.com
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Institutions
- Covenant Polytechnic, Aba, Abia State 1
- Covenant University, Canaan Land, Ota, Ogun State 4
- Crawford University of Apostolic Faith Mission Faith City, Igbesa, Ogun State 2
- Crescent University, Abeokuta, Ogun State 1
- Cross Rivers University of Technology, Calabar, Cross Rivers State 142
- Delta State Polytechnic, Ogwashi-Uku, Delta State 11
- Delta State Polytechnic, Otefe, Delta State 13
- Delta State University, Abraka, Delta State 139
- Ebonyi State University, Abakaliki, Ebonyi State 17
- Edo University, Iyamho, Edo State 10