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.lightemupsequences.com/top-offer-SALE-Skylight-Quilt-PATTERN-P173-by-Fran-Gulick-Riley-Blake-INSTRUCTIONS-Only-Confident-Beginner-Precut-Friendly-Mult-super-offer/