Abstract

This study surveys the public perceptions of e - dividend and payment system in the Nigerian capital market After offering a brief overview of the topic and statement of the problem the study presents a theoretical discussion which was anchored on the diffusion of innovation developed by Everett Rogers 1962 and the technological determinism theories Marshal McLuhan 1962 The study explains why the two theories are suitable frameworks for effective implementation of the electronic dividedin the Nigerian capital market The sampling size for the study was purposively chosen from 100 investors from were the primary data were elicitedtowards unearthing public opinion on e- dividend payment system in the Nigerian capital market Data were collected from both primary and secondary sources The major data collection instrument is the questionnaire and interviews The data were presented in tables as frequency distribution In the analysis the techniques of percentage and frequency were used On presentation and analysis of data the study found among other things that awareness of edividend payment system in the Nigerian capital market among the stakeholders was sufficient This was evidence in the perception of investors in the Nigerian capital market where 60 of respondents affirmed that there is sufficient dissemination of information on the e-divided policy From the findings of the study the researcher draws it conclusions and make recommendations