The entire paper focused on the analysis's chosen target, with the coefficient of current variable showing that EPS and
ROA have a negative relationship with the dependent variable (dividend payout), while ROE has a positive relationship with the
dependent variable (dividend payout) when all study occurrence constants are taken into account. Second, with the exception of
EPS, the ROA and ROE variables are important in this analysis. The study's sample was taken from the pharmaceutical
industry, with one company (sun pharma ltd) being chosen as the subject. Annual results were gathered over a span of fifty
years, from 2004 to 2018
