Proceedings of the First Annual Conference of Economics, Business, and Social Science, ACEBISS 2019, 26 - 30 March, Jakarta, Indonesia

Research Article

The Effect of Liquidity, Leverage, and Profitability on Dividend Policy

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  • @INPROCEEDINGS{10.4108/eai.26-3-2019.2290678,
        author={Rona Tumiur Mauli Carolin Simorangkir},
        title={The Effect of Liquidity, Leverage, and Profitability on Dividend Policy},
        proceedings={Proceedings of the First Annual Conference of Economics, Business, and Social Science, ACEBISS 2019, 26 - 30 March, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={ACEBISS},
        year={2020},
        month={2},
        keywords={dividend policy cash ratio debt to equity ratio (der) return on asset (roa)},
        doi={10.4108/eai.26-3-2019.2290678}
    }
    
  • Rona Tumiur Mauli Carolin Simorangkir
    Year: 2020
    The Effect of Liquidity, Leverage, and Profitability on Dividend Policy
    ACEBISS
    EAI
    DOI: 10.4108/eai.26-3-2019.2290678
Rona Tumiur Mauli Carolin Simorangkir1,*
  • 1: Universitas Mercu Buana, Indonesia
*Contact email: rona_caroline@mercubuana.ac.id

Abstract

Dividend are payments made by a corporate to shareholder members which is depend on the dividend policy of each company. The objective of this research is to analyze the influence of cash ratio, debt to equity ratio and return on asset to dividend policy from sample of companies. The population of this research is manufacture companies which listed in Bursa Efek Indonesia (BEI), there is 24 companies. Research sample using purposive sampling of companies for periode ended 2012 – 2016. Analyzed by using the two tail linear regression method. The result show, debt to equity ratio and return on asset had a positive and significant effect to dividend policy. It proved by significant t value lower than 5% significances.