Uddin, Md. NezumUddin, Mohammed Jashim2018-10-242018-10-242014-06Vol. 2, No.1, June 2014, Page 143-1552311-620X (Online)2308-5096 (Print)http://dspace.iiuc.ac.bd:8080/xmlui/handle/88203/256In this study we have tried to show the dividend scenario of the listed commercial bank of Dhaka Stock Exchange (DSE) from the fiscal year 2000 to 2013. The study also tried to investigate the effect of dividend announcement on stock prices based on the 28 DSE listed commercial banks. In this context declaring dividends during the fiscal year 2012-2013 have been considered as the observation period and event study methodology has been used. The result by using event study methodology indicates that there is no effect of dividend announcement on stock prices over the observation periods.enDSEDividend AnnouncementEvent StudyAERArticle