Dampak Kinerja Keuangan, Harga Saham terhadap Kebijakan Dividen yang Masuk di Idx High Dividend 20

  • Ainindia Maghfiroh STIE Widya Gama Lumajang
  • Ninik Lukiana STIE Widya Gama Lumajang
  • Sukma Irdiana STIE Widya Gama Lumajang

Abstract

Dividends are the distribution of profits received by investors when investing. Investors must analyze related companies. Investors can see companies that pay dividends at IDX High Dividend 20 because this company is a company that pays dividends regularly for 3 years. This study was conducted to test and analyze the impact of liquidity, profitability, market value, and stock prices partially and simultaneously on dividend policy in companies that enter in IDX High Dividend 20. The method used is a multiple linear regression statistical method. The type of data used is secondary data in the form of financial report documents, and data sources are internal data and external data. The sampling technique uses nonprobability sampling techniques with saturated sampling techniques that produce 20 companies as the research sample. The results of the study show that liquidity and market value partially have an impact on dividend policy, while for profitability and stock prices do not have an impact on dividend policy. Simultaneously liquidity, profitability, market value, and stock prices have an impact on dividend policy with a R square value of 34.7%. The limitations of this study only use variable liquidity, profitability, market value, and stock prices to determine the impact on dividend policy.

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Published
2019-07-06