Analisis Fakto-Faktor yang Mempengaruhi Dividend Per Share Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

Main Author: Nasution, Muhammar Rizqi
Other Authors: Rambe, Syahrul
Format: Student Papers
Bahasa: ind
Subjects:
Online Access: http://repository.usu.ac.id/handle/123456789/23160
Daftar Isi:
  • This study aims to test the analysis of factors affecting Dividend Per Share companies listed in Indonesia Stock Exchange. This study uses quantitative methods to form a causal relationship (causal), consisting of six variables: liquidity tested using a Current Ratio (CR), the leverage that was tested by using the Debt To Total Assets (DTA), profitability is tested by using Net Profit Margin (NPM), the market value is tested by Price Earning Ratio (PER) and the activity tested with Total Asset Turn Over (TATO) as independent variables and Dividend Per Share (DPS) as the dependent variable. This study used 27 companies listed in Indonesia Stock Exchange during 2007-2009 period in order to obtain 81 samples. The sample selection is done by using purposive sampling method. The data used are secondary data, obtained from the site www.idx.co.id and Indonesian Capital Market Directory (ICMD). The data collected will be analyzed by the method of data analysis done first before testing the assumptions of classical hypothesis testing. Testing the hypothesis in this study using multiple linear regression with t test and F test. The results showed that partially, Current Ratio (CR), Debt To Total Assets (DTA), Price Earning Ratio (PER) and Total Asset Turn Over (TATO), no significant effect on Dividend Per Share (DPS), while the Net Profit Margin (NPM) significantly affects Dividend Per Share (DPS). Simultaneously, Current Ratio (CR), Debt To Total Assets (DTA), Net Profit Margin (NPM), Price Earning Ratio (PER) and Total Asset Turn Over (TATO) significantly affects Dividend Per Share (DPS) manufacturing company listed in Indonesia Stock Exchange. Adjausted Value R Square is 0.281 indicating that 28,1% change in Dividend Per Share (DPS) can be explained by the independent variables used in this study. The remaining 71,9% be explained by other factors not included in the regression model.
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