PENGARUH SALES GROWTH DAN PROFITABILITAS TERHADAP DIVIDEN PAYOUT RATIO PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (original) (raw)

FAKTOR-FAKTOR YANG MEMPENGARUHI DIVIDEND PAYOUT RATIO (DPR) PADA PERUSAHAAN YANG LISTED DI BURSA EFEK INDONESIA (Perbandingan …

2008

The purpose of this study was to examine if profitability,operating cash flow per share, corporate tax, current ratio, market to book value, debt to equity ratio, firm size, and life cycle stage in affecting dividend payout ratio in non financial companies liested in Indonesia stock exchange. This research used 110 listed non financial companies in Indonesia Stock Exchange, selected using purposive sampling method in period 2012 to 2014. The data were analyzed using multiple regressions analysis method to determine the model of research. The result of the analysis indicated that profitability, operating cash flow per share, corporate tax, market to book value, debt to equity ratio,firm sizeandlife cycle stagehad influence on dividend payout ratio. But current ratio had no influence on dividend payout ratio.

PENGARUH EARNING PER SHARE, FIRM SIZE,DAN SALES GROWTHTERHADAP DIVIDEND PAYOUT RATIO (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR SEKTOR MAKANAN DAN MINUMANYANG TERDAFTAR DI BURSA EFEK INDONESIA (TAHUN 2014 SAMPAI TAHUN 2018

Jurnal Akuntansi dan Bisnis Krisnadwipayana (ISSN: 2406-7415), 2021

The purpose of this study is to determine the effect of earnings per share, firm size, and sales growth on the dividend payout ratio. The population used is the food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange in 2014-2018 as many as 26 and the sample in this study were 7 companies determined through purposive sampling. This study uses simple regression analysis techniques and multiple regression and uses SPSS 25 program analysis tools. The results of the t test (partial) show that earning per share variable has a negative and not significant effect on dividend payout ratio. Firm size variable has a positive and significant effect on dividend payout ratio. Sales growth variable has positive and significant effect on dividend payot ratio. The F (simultaneous) test results show that the earnings per share, firm size, and sales growth variables simultaneously have a significant effect on the dividend payout ratio

DEVIDEND PAYOUT RATIO PADA EMITEN MANUFAKTUR DI BURSA EFEK INDONESIA

This study aims to analyze and empirically test the significance of partial and simultaneous effect of insider ownership, DER, ROE, firm size, IOS, PER, and EPS dividend payout ratio (DPR) in manufacturing companies in Indonesia Stock Exchange of 2008-2013 period. The results showed that partially turned out just ROE, IOS, PER, and EPS significantly influence of dividend payout ratio, while the insider ownership, DER, and firm size does not affect significant. Meanwhile simultaneously, all variables INSDOWN, DER, ROE, FSIZE, IOS, PER, EPS significantly influence DPR. From coefficient of determination can be concluded that the ability of Insider Ownership, DER, ROE, Firm Size, IOS, PER and EPS in explaining dividend payout ratio amounted to 71.1 per cent while the remaining 28.9 per cent influenced or explained by other variables not used in this study.

PERAN PROFITABILITAS DAN LIKUIDITAS SERTA DIVIDEN PAYOUT RATIO TERHADAP RETURN SAHAM

This study was conducted to examine the influence of fundamental factors of profitability and liquidity on dividend policy (DPR). And furthermore the influence of profitability, liquidity and dividend policy (DPR) to return stock in companies incorporated in the Jakarta Islamic Index listed on the Indonesia Stock Exchange for the period 2010-2013. The sampling technique used in this research is purposive sampling with criteria : (1) It is listed in Indonesia Stock Exchange 2010-2013. (2) It is always seem annual financial statements for the period 2010-2013. (3) It is always pay dividends. The data required in this study were drawn from the Indonesian Capital Market Directory (ICMD) from 2010 to 2013 consisting of 20 companies. Multiple regression analysis of the data. Hypothesis test used the t-statistic at the 5% significance level. The results showed profitability and dividend policy (DPR) have a significant effect on stock returns. These results indicate that the performance of the fundamental factors of profitability and dividend payout on stock returns are used by investors to predict stock returns manufacturing companies listed in Indonesia Stock Exchange in 2010-2013. PENDAHULUAN Perusahaan merupakan suatu unit kegiatan produksi yang mengelola sumber-sumber ekonomi untuk menyediakan barang dan jasa bagi masyarakat dengan tujuan untuk memperoleh keuntungan dan dapat memuaskan kebutuhan masyarakat. Tujuan perusahaan adalah untuk memaksimalisasikan kesejahteraan pemilik perusahaan atau pemegang saham dengan cara meningkatkan nilai perusahaan Melalui pasar modal para investor dapat melakukan kegiatan invesatasi pada perusahaan tertentu dengan melakukan pembelian saham atau surat-surat berharga. Salah satu tujuan dan alasan para investor melakukan kegiatan investasi di pasar modal adalah untuk mendapatkan return atas hasil investasi mereka guna mendapatkan kehidupan yang lebih layak di kehidupan yang akan datang.Semakin tinggi resiko suatu investasi maka semakin tinggi pula tingkat keuntungan (return) yang disyaratkan oleh investor (Jogiyanto, 2008). Return atau pengembalian atas kegiatan investasi merupakan penghasilan yang di terima dari suatu investasi di tambah dengan perubahan harga pasar, yang biasanya dinyatakan sebagai persentase dari harga pasar awal dari investasi tersebut (James & Jhon, 2009).Semakin tinggi harga jual saham di atas harga belinya, maka semakin tinggi pula return yang diperoleh investor (Ang, 1997). Tingkat return atas hasil kegiatan investasi dari pembelian saham sangat

DETERMINAN DIVIDEND PAYOUT RATIO PADA EMITEN LQ-45 DI BURSA EFEK INDONESIA

The aim of this paper to examine the factors determining dividend represented by Dividends per share for companies in Indonesian stock exchanges. In this study we run a regression model and used a panel data covering the period from of 2007 to 2011 for LQ-45 firms listed in the stock market. The model investigate the impact of Cash Ratio (CaR), Return on Investment (ROI), Asset Turn Over, Debt to Equity (D/E) ratio, Debt to Total Asset, Net Profit Margin, and Size on Dividends Payout Ratio. The results consistently support that Indonesia LQ-45 listed firms rely on Asset Turn Over, Debt Ratio, and Return of Investment of company to set their dividend payments.

DETERMINAN DIVIDEND PAYOUT RATIO PADA PERUSAHAAN-PERUSAHAAN MANUFAKTUR DI INDONESIA

The aim of this research is to investigate factors that affect dividend payout ratio on manufacture companies in Indonesia. The determinants of dividend payout ratio are financial leverage, investment, liquidity, profitability, size of company, and variability of earnings. Data were collected from year 2001 to 2005. Pooled data is used in this research and has resulted in 731 observations. The result of this research is that financial leverage has significant negative influence to divendend payout ratio, while size of company also gives significant negative influence to dividend payout ratio. Other determinants such as investment, liquidity, profitability, and variability of earnings have no significant influence to dividend payout ratio. Keywords: dividend payout ratio, financial leverage, investment, liquidity, profitability, size of company, variability of earnings, and agency cost, and assymetric information. Pendahuluan Kebijakan dividen merupakan salah satu kebijakan yang dibuat oleh perusahaan untuk memaksimalkan kesejahteraan shareholder. Perusahaan akan dihadapkan pada pengambilan keputusan untuk membagikan laba atau menahannya guna diinvestasikan kembali di dalam perusahaan. Keputusan yang diambil akan menimbulkan dua akibat yang saling bertentangan. Harga saham akan cenderung meningkat apabila perusahaan mengambil keputusan untuk menambah pembagian dividen tunai. Namun penambahan