“…Research conducted by Berezinets et al, (2017), andMartha et al, (2018), showed that dividend policy has a negative and insignificant effect on the value of the company, while research Effendy, (2020), Husna &Rahayu, (2020), andLubis et al, (2017), stated that dividend policy has a positive and insignificant effect on the company's value. In contrast to the research results of Nurvianda et al, (2019), Ahmad et al, (2018), Hairudin et al, (2020), andKeintjem et al, (2020) stated that dividend policy has a positive and significant effect on the company's value.…”