Institusion
Universitas Multimedia Nusantara
Author
Halim, Prilly Pricillia
Subject
658 General management (Risk Management, Profit and Loss, Logistics)
Datestamp
2022-12-01 03:13:24
Abstract :
The objective of this research is to examine the effect of profitability that measure
with return on equity, leverage that measure with debt to equity ratio, and free
cash flow towards dividend payout ratio. Dividend payout ratio is important to
known by stockholders and corporate because it indicates the situation and
performance of corporate.
The samples in this study are 33 companies that listed in Indeks Kompas
100 in the year 2008-2010 consecutively, listed as manufacturing sector, to share
cash dividend in the year 2008-2010 consecutively, to publish financial statements
that was audited by independent auditor in year 2008-2010 consecutively, to
obtain income in year 2008-2010 consecutively, to have positive retained
earnings in year 2008-2010 consecutively. The sample in this study was
determined based on purposive sampling. Data used in this study is a secondary
data such as financial statements.
The result of this study are (1) profitability which is measure by return on
equity had not significant influence to dividend payout ratio (2) leverage which is
measure by debt to equity ratio had not significant influence to dividend payout
ratio (3) free cash flow had not significant influence to dividend payout ratio (4)
profitability which is measure by return on equity, leverage which is measure by
debt to equity ratio, and free cash flow had not significant influence dividend
payout ratio.