Akuntansi Bisnis & Manajemen (ABM)
Vol 25 No 2 (2018): Oktober

Pengaruh Current Ratio, Earning Per Share, dan Return On Equity terhadap Divident Payout Ratio (Studi Kasus Pada Emiten yang Tercatat dalam Indeks LQ45 di BEI)

Taufik Akbar (Universitas Islam Kadiri Kediri)



Article Info

Publish Date
02 Oct 2018

Abstract

Dividend policy is a financial decision made by the company in determining how much profit from shares to be distributed to shareholders (investors) and how much profit from the shares to be held for re-investment of the company. In order to be able to distribute dividends the company must obtain profits by taking into account the factors that influence dividend policy. The purpose of this study was to determine the effect of return on equity, current ratio, and earnings per share on dividend payout ratio. This research was conducted on companies included in the LQ45 list on the Indonesia Stock Exchange. The number of samples taken as many as 10 samples of the company within a period of 5 years (2012-2016) using purposive sampling method. The analysis technique used is panel data regression analysis that is calculated using EViews. Based on the results of the analysis found that the return on equity, current ratio, and earnings per share simultaneously have a significant effect on dividend payout ratio. Return on equity and earning per share partially have a significant influence on dividend payout ratio. The partial ratio does not have a significant effect on dividend payout ratio.

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