ABSTRACT

The purpose of this research is to ascertain how asset structure affects Nigerian construction companies' dividend policy choices. Two broad approaches are employed in the empirical analysis of data to achieve the study's goal. To offer background information on the data that will lead to the first characterisation of the data utilized in the research, the preliminary analysis of the data (which consists of descriptive and correlation analysis) is initially undertaken. Then, using the ordinary least square (OLS) approach, multiple regressions were carried out. E-view 0.8 econometric analysis software was used to examine the data. The conclusion was that Total Assets (TA) strongly and positively influence stock returns. This suggests that a company's size has a significant influence on its dividend payment ratio. Earnings per share (EPS) has a weak and unfavorable influence. This suggests that although share returns may be favorable in the near term, they may have an impact on the company's investment potential over the long term. We now advise keeping this payout in order to save it for a better investment opportunity since successful companies often pay bigger dividends.