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The study examines the importance and relevance of the various trends of dividend in Pakistan and India. Further, it evaluates and examines the inter and intra country analysis and the impact of liquidity, profitability and leverage on dividend payout policy over two developing countries (i.e. Pakistan and India). The sample is 85 listed companies of Karachi Stock Exchange (Pakistan) and 167 of National Stock exchange (India) for the period of 2002-2011. First hypothesis is about Inter country analysis. Second is about Intra Country analysis. Third is about the positive impact of Liquidity on Dividend payout. Fourth is about the positive impact of Profitability on Dividend payout. Fifth is about the negative impact of Leverage on Dividend payout. It used the Statistical techniques of descriptive statistics, Kruskal Wallis Test and panel data regression. It found significant results for all hypotheses. The findings show that the dividend policy in Pakistan and India as a developing country is influenced by factors similar to that of other countries.

Sanober Shaheen. (2014) Dividend Match: Pakistan vs India Which Player (Industry) becomes the “Player of the Match”?, Abasyn Journal of Social Sciences, Volume-07, Issue-1.
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