DETERMINAN DIVIDEND PAYOUT RATIOPADA EMITEN LQ-45 DI BURSA EFEK INDONESIA
ABSTRACT: The aim of this
paper to examine the factors determining dividend represented by Dividends per
share for companies in theIndonesia
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.
Keywords: dividend payout
ratio, cash ratio, return on investment, debt to equity ratio, asset terunover,
net profit margin, LQ-45
Penulis: Rowland Bismark
Fernando Pasaribu, Dionysia Kowanda, Kholid Nawawi
Kode Jurnal: jpmanajemendd140524