Abstract :
This study aims to examine the relationship between liquidity ratios, leverage ratios, profitability ratios and managerial ownership on dividend policy. The liquidity ratio is measured using the current ratio, the leverage ratio is measured using the debt to equity ratio, the profitability ratio is measured using return on assets, managerial ownership is measured by the number of shares of commissioners, directors and managers divided by the number of shares outstanding. The population in this study were all consumer goods companies listed on the IDX in 2014-2018. Sampling was used using purposive sampling. The data analysis method used is multiple regression analysis method. The test results show that liquidity in proxies with current ratios has no significant effect on dividend policy, leverage in proxies with debt to equity ratio also has no significant effect on dividend policy, profitability with return on assets has a significant effect on dividend policy and managerial ownership has no significant effect on policy. dividend.
Keywords: liquidity ratio, leverage ratio, profitability, managerial ownership, dividend policy.