Pengaruh Likuiditas Dan Profitabilitas Terhadap Kebijakan Dividen

Abstract

The problem of this research was about decrease in dividend policy BUSN Devisa listed on the Indonesia Stock Exchange which is measured by Dividend Payout Ratio (DPR) over the last two years. These factors affecting the dividend policy were liquidity which is measured by Loan to Deposit Ratio (LDR) and profitability which is measured by Return On Equity (ROE). The purposes of this study were describing the liquidity, profitability, dividend policy, the effect liquidity on dividend policy, the effect profitability on dividend policy, and the effect of liquidity and profitability on dividend policy. This research utilised descriptive and verificative, the technique which is used was multiple correlation, and hypothesis testing used t Test (partial significance test) and F Test (simultaneous significance test). The data is gained from secondary data which is from the annual report and summary of performance BUSN Devisa from 2010-2014. The population of this study was 25 BUSN Devisa listed on the Indonesia Stock Exchange with 4 samples through purposive sampling technique. The result of hypothesis testing in partial showed that liquidity and profitability effected the dividend policy significantly. The result of hypothesis testing showed that the liquidity and profitability effected on dividend policy significant simultaneously.

The effect of stock prices, return on assets, and firm size on dividend payout ratio: evidence from Indonesian financial service companies

“…In Indonesia's context, most research on the DPR was carried out on manufacturing companies such as among others research by (Kadir, 2010;Samrotun, 2015;Lestari et al, 2017). To the author's best knowledge, few researchers examined an extensive study on DPR in financial services sector companies.…”

Pengaruh Kecukupan Modal Terhadap Profitabilitas Pada Bank Umum Syariah

“…Profitabilitas merupakan salah satu rasio paling dominan yang dijadikan rujukan para investor untuk melihat kinerja suatu perusahaan atau perbankan. (Lestari, Tanuatmodjo & Mayasari, 2016) Profitabilitas bank yang rendah berdampak pada kesehatan bank, yaitu akan dinilai tidak sehat. Kasmir (2008) mengungkapkan "Bank yang sehat adalah bank yang diukur secara profitabilitas terus meningkat di atas standar yang telah ditetapkan," kemudian (Dendawijaya, 2009) juga mengungkapkan bahwa "Semakin besar ROA suatu bank, semakin besar pula tingkat keuntungan yang dicapai bank dan semakin baik posisi bank tersebut dari segi penggunaan aset."…”

The Effect of Liquidity and Working Capital Turnover on Profitability at PT. Sumber Cipta Multiniaga, South Jakarta

“…When it is associated with the company's normal operating cycle, which includes the purchase-sales-billing cycle. Liquidity is one of the factors that determine the success or failure of the company's financial management (Habibah, 2015;Indradi, 2018;Lestari & Tanuatmodjo, 2016;Maulida, Moehaditoyo, & Nugroho, 2018). The amount of payment instruments owned by the company is a source of strength for the company to pay obligations that must be paid.…”