TYPES OF DIVIDEND POLICY OF COMPANIES INCLUDED IN THE S&P 100 INDEX

Introduction. Dividend policy as a set of principles upon which a company's profit distribution policy is based has a significant impact both from the perspective of the company's shareholders and potential investors, as well as from the management's standpoint. Considering the diversity of conditions under which companies operate it is important to determine the types of dividend policies and their characteristics. While theoretical aspects of dividend policy have been thoroughly researched, much less attention has been paid to investigating the practical aspects of dividend policy, particularly the empirical determination of types of dividend policies adopted by companies. Purpose. The purpose of the article is to developed criteria for identifying types of dividend policies and to identify types of dividend policies of companies included in the S&P 100 index based on the last 10 years (2014–2023) data. Materials and methods. The research materials include: 1) scientific works by domestic and foreign authors investigating dividend policy issues; materials from scientific conferences. 2) Open data sources of financial data: finance.yahoo.com, stockanalysis.com, macrotrends.com, nasdaq.com, and additional data sources such as sec.gov, investing.com, morningstar.com, and websites of companies included in the S&P 100 index. In the process of research both general scientific and specialized research methods were used: theoretical analysis and systematization (to study and summarize information about existing types of dividend policy), graphical methods and time series analysis (to determine types of dividend policy based on the dynamics of selected indicators and for visual presentation of the research results), logical generalization of results (to formulate conclusions and further perspectives on dividend policy research and to propose a new type of dividend policy, «progressive dividend policy with bonus payments»).