ANALYSIS OF FINANCIAL VARIABEL THAT INFLUENCE DIVIDEND PAYOUT
No Thumbnail Available
Date
2010-06-16
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
The 3rd International Conference on Quantitative Method Used In Economics And Business, Faculty of Economics, Universitas Malahayati, Bandar Lampung Indonesia
Abstract
Dividend policy was policy that deciding the income placement which is indicated by two different purposes, the stakeholders that want to get the dividend payment and the company that want the income to be reinvested. To determine the dividend policy, there many factors could interfere it, so the writer try to make a research on companies that listed in Indonesian Stock Exchange.The objective of this research is to get empirical evidence about the influence of financial variables on dividend payout. This research was descriptive research, which is research that have objective to describing about the company, especially about research factors and relationship with the variable. Independent variables are financial variables that consist of earning per share growth, past dividend, liquidity, debt ratio and return on equity.To analyze and process the collected data, the writer using a multiple regression method, multiple correlation, determination. With using t test and f test.This research conclude that simultaneously variable earning per share growth, past dividend, liquidity, debt ratio and return on equity have significant influence on dividend payout. Partially, only liquidity and past dividend have significant influence on dividend payout, while variable earning per share growth, debt ratio, and return on equity have influence on dividend payout insignificantly. Adjusted R2 about 0,885 indicate that independent variable can explain 88,5% variation of dependent variable.
Description
Keywords
Financial, Dividend.