Abstract
Dividend policy is one of the factors that investors take into account when making investment decisions. This study will measure how financial indicators affecting the dividend payment policies of sea transport enterprises listed on the Vietnamese stock market in the period 2019-2023. The collected data is tabular data and the author uses Pooled OLS, FEM, REM estimation methods through STATA 17 software. Research results show that enterprise’s size, market price-to-book has a negative impact on the dividend payment policy, while the earning per share has a positive impact on the dividend payment policy.