Trust Value of a Dividend : An Evidence From Indonesia

Ilat, Ventje; Budiarso, Novi Swandari; Wokas, Heince

doi:10.32400/ja.23356.8.1.2019.17-28

Cited by 2 publications

(2 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The stock price reflects the beneficial impact of company's dividend policy has on an investor's value. It is often believed that a rise in dividend payments indicates future growth in the company's earnings, whereas a fall in dividend payments indicates a decline in future profits (Ilat et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

The Effect of Inflation and Rupiah Exchange Rate on Stock Prices with Dividends as Moderators

Marjohan

2023

MIX

View full text Add to dashboard Cite

Objectives: The choice to pay dividends is a strategic one for every business. It's the foundation on which stock market investments are made. Dividends paid out by a firm are more highly valued by shareholders than capital profits. Due to the inherent risk associated with investing, investors would rather receive compensation in the now than in the future. The company's future success may be seen in its consistent dividend payments. The goal of this research was to examine the moderating role of dividends in a market vulnerable to inflation and the rupiah exchange rate. The focus is on dividend-paying firms trading on the IDX between 2013 and 2021.Methodology: The associative quantitative approach used here relies on previously collected data. The purposive sampling method was used in the sampling process. This study used 153 samples over 9 time periods, following the criteria. Both single- and multi-linear regression are used in the study.Finding: The findings in the study are inflation and rupiah exchange rates on stock prices have a negative effect and simultaneously affect stock prices while dividends per share can moderate the connection between inflation and stock prices.Conclusion: Both inflation and the rupiah exchange rate have been shown to have a negative effect on stock prices. Inflation has been shown to have a negative influence on stock prices while the rupiah exchange rate also has this effect. According to the findings of this journal, a combined effect of inflation and the value of the rupiah against other currencies may be seen in stock market prices. Furthermore, it has been shown that this effect can occur. The MRA research also shows that dividends per share have a moderating influence on the connection between inflation and stock prices, as well as the correlation between the rupiah exchange rate and stock prices.

show abstract

Section: Introductionmentioning

confidence: 99%

The Effect of Inflation and Rupiah Exchange Rate on Stock Prices with Dividends as Moderators

Marjohan

2023

MIX

View full text Add to dashboard Cite

show abstract

“…The company's dividend policy is an essential factor that influences the positive assessment of investors, which is reflected in the stock price. An increase in dividend payments is often interpreted as a sign of increasing profits earned by the company in the future, while a decrease in dividend payments is often interpreted as a decrease in future profits (Iilat et al, 2019). Broadly the company's financial performance can be seen in its dividend policy (Kanakriyah, 2020).…”

Section: Introductionmentioning

confidence: 99%

Dividend as a Moderation Variable to Increase Stock Prices

Yuliana,

Indiyanto,

Yusuf

et al. 2021

J. Keuang. dan Perbank.

View full text Add to dashboard Cite

One of the strategic decisions in the company is related to dividend decisions. It becomes the basis for investors to invest in shares. Investors value income from dividends distributed by companies for more than income from capital gains. Investors prefer to receive payment now than future ones because they are faced with uncertainty. Regular dividend distribution indicates the company has bright prospects in the future. Accordingly, Dividends have a significant influence on the increase in share prices. Data were collected using the documentation method of 34 samples of the most liquid Islamic stocks listed on the IDX. This research uses the SPSS analysis technique and uses a partial test (t-test). The tests to determine the significance of each independent variable in influencing the dependent variable with a one-way test and using moderation regression to test and analyze the effect of dividends per share on stock prices, whether to strengthen/weaken the dependent variable. The study results found that profitability and solvency , as well as dividends, have a relationship with stock prices. The relationship between ROA and share prices as moderated by dividends is negative for stock prices. The relationship between ROE and share price, which is moderated by dividends, is positive but not significant. Dividends can significantly strengthen the DER relationship to the share price. In addition, dividends were able to strengthen DAR's relationship with share prices significantly.JEL: G11, G12, G41

show abstract

Trust Value of a Dividend : An Evidence From Indonesia

Cited by 2 publications

References 31 publications

The Effect of Inflation and Rupiah Exchange Rate on Stock Prices with Dividends as Moderators

The Effect of Inflation and Rupiah Exchange Rate on Stock Prices with Dividends as Moderators

Dividend as a Moderation Variable to Increase Stock Prices

Contact Info

Product

Resources

About