The aim of this study is to find out the determinants of target dividend payout ratio of BIST-listed firms operating in the non-metallic products (cement) manufacturing industry in the period of 2002-2012. Through this aim. the short and long-run effects of factors related to profitability. liquidity. https://www.ealisboa.com/super-find-Acer-palmatum-Dr-Brown-Japanese-Maple-top-mega/