"Following the unprecedented event of Covid 19, out of nearly 1,400 dividend-paying firms in the U.S alone, 213 cut dividends, and 93 omitted dividends entirely in the second quarter of 2020. This proportion of cuts and omissions is three to five times higher than any other quarter since 2015 (Georg, Otto, Josef, 2020). Notably, this is the second-largest dividend cut after the global financial crisis in 2008. The 2008 financial crisis was characterized by a high proportion of financial firms cutting dividends without much change in dividends for non-financials. Globally, dividends - a vital source of income for pension funds, charities, and foundations, fell over a fifth to 382.be in the second quarter of 2020 (Financial Times, September 2020). However, governments and central banks in major countries had undertaken several measurements to assist corporate sectors and eventually to prevent these entities from bankruptcies. However, continuing to pay dividends even with the bits of help of the government is tricky. Most income-oriented investors accept that the payment is likely to fall. Notably, the culture of paying dividends is a very important part for some investors"Given the above scenario, students are required to evaluate on corporate dividend policy employed by companies in emerging markets such as Asian countries, particularly in Malaysia. To evaluate the corporate dividend policy, you have to analyse the impact of dividend policy on the share performance of dividend-paying companies traded on Bursa Malaysia (may select companies had undergone mergers & acquisitions, specific industries or any criteria) or in any other Asian country. To perform this, you must take into consideration a minimum of 3-5 years period before and after the covid-19 crisis. Based on your analysis and evaluation, students are required to provide recommendations on the best practices on dividend policy. Your answer should include the following: a) Introduction with the problem statements & objectives b) Literature review on dividend policy & dividend theories c) Methodology used to evaluate the share performance of dividend-paying companies. You may use the multiple regression analysis to explore the association of changes in share prices and dividend pay- out and dividend yield. You may include other factors such as size based on market capitalization, long- term debt, and growth in assets. Data can be downloaded using Bloomberg Professional Services, Datastream, or via a website such as investing.com and some others. d) Analysis and discussion e) Conclusion and recommendations