Conventional Determinants of Corporate Payout Policies in the Egyptian Stock Market

Corporate Payout policy is one of the interesting topics in corporate finance literature that attracted attention many researchers. Despite the extensive research this area, there a contradiction between researchers on what are main determinants corporate payout policy. Researchers have mainly focused developed markets and looked at a single dimension dividend policy. Therefore, current study explores the ratio by analyzing effect of profitability, free cash flow, investment opportunity, liquidity, leverage, firm size ownership structure two dimensions payout policy: decision ratio, taking sample all Egyptian listed firms period from 2007 till 2020. The results reveal the significance profitability opportunity dividend decision. For model, it found flow, profitability managerial significant payout ratio. Finally, dividend-paying firms, that financial leverage affects these firms.