Analisis Faktor-Faktor yang Memengaruhi Pembayaran Dividen pada Perusahaan Manufaktur di Bursa Efek Indonesia
Abstract
Dividend policy is concerned with financial policies regarding what amount cash dividend paid to shareholders and re-invested as retained earnings. Therefore, various factors which influence the dividend policy must be taken into main consideration. The recent research aimed to test empirically various factors is considered to affect dividend policy. The independent variables in this research included Current Ratio, Return on Equity, and Debt to Equity Ratio. Meanwhile, the dependent variable was Dividend Payout Ratio. Quantitative research was used as the research design and the data was secondary data. Furthermore, purposive sampling was selected to get the sample. The result was 11 companies that pay dividend continuously during this research conducted on 2010 - 2012 were selected as the sample of this research. Multiple linier regression was used to analyze the data. The results showed that Return on Equity has a contribution to the Dividend Payout Ratio, and then Current Ratio and Debt to Equity Ratio has no contribution to the Dividend Payout ratio
Moraref