Faktor-Faktor Yang Mempengaruhi Kebijakan Dividen Di Perusahaan Manufaktur Periode 2015-2017

Abstract

This study aims to analyze how much influence profitability, liquidity, and leverage have on dividend policy (empirical study of manufacturing companies listed on the Indonesia Stock Exchange for the period 2015-2017). For 2015, 2016, and 2017 manufacturing companies listed on the Indonesia Stock Exchange are 143, 145 and 154 companies respectively. The sample selection in this study used a purposive sampling technique and produced a total sample of 42 companies. This study results that profitability has a positive effect on dividend policy, while liquidity and leverage have no effect on dividend policy