The Analysis of Factors Affecting Dividend Payout Ratio in Manufacturing Companies Listed in Indonesian Stock Exchange

DOI

10.2991/piceeba-18.2018.76How to use a DOI?

Keywords

debt to total assets, cash ratio, return on assets, growth, dividend payout ratio

Abstract

This study aims to conduct a fundamental study of factors affecting the dividend policy of manufacturing companies listed in the Stock Exchange. The sample of this study was 21 manufacturing companies listed in the Indonesian Stock Exchange (IDX). The type of data used was secondary data in the form of financial statements contained in the directory of Indonesian Stock Exchange in the book Indonesian Capital Market Directory (ICMD). The statistical method used to test the research hypotheses was multiple regression with six independent variables, namely, debt to total assets, cash ratio, firm size, return on assets, and growth, and dependent variable of dividend payout ratio. It can be concluded that debt to total assets (DTA), firm size, and return on assests (ROA) have influence on dividend payout ratio at manufacturing companies listed in Indonesian Stock Exchange.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Annur Fitri Hayati
AU  - Gusti Astuti
AU  - Khairi Murdy
PY  - 2018/07
DA  - 2018/07
TI  - The Analysis of Factors Affecting Dividend Payout Ratio in Manufacturing Companies Listed in Indonesian Stock Exchange
BT  - Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)
PB  - Atlantis Press
SP  - 590
EP  - 597
SN  - 2352-5428
UR  - https://doi.org/10.2991/piceeba-18.2018.76
DO  - 10.2991/piceeba-18.2018.76
ID  - Hayati2018/07
ER  -