Liquidity, Profitability and Asset Growth towards The Dividend Payout Ratio
The purpose of this study is to determine the factors that influence the distribution of dividends in Indonesia. The objects of this research are 51 manufacturing companies listed on the Indonesia Stock Exchange for the 2015-2019 period. The method used is balanced panel data with random effects mod...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Merdeka Malang
2021-12-01
|
| Series: | AFRE (Accounting and Financial Review) |
| Subjects: | |
| Online Access: | https://jurnal.unmer.ac.id/index.php/afr/article/view/6324 |
| _version_ | 1818468086814081024 |
|---|---|
| author | Heliani Heliani Fitri Mareta Eneng Rina Mia Safitri Rahayu Muhammad Rizky Ramdaniansyah |
| author_facet | Heliani Heliani Fitri Mareta Eneng Rina Mia Safitri Rahayu Muhammad Rizky Ramdaniansyah |
| author_sort | Heliani Heliani |
| collection | DOAJ |
| description | The purpose of this study is to determine the factors that influence the distribution of dividends in Indonesia. The objects of this research are 51 manufacturing companies listed on the Indonesia Stock Exchange for the 2015-2019 period. The method used is balanced panel data with random effects model. The results of this study are return on equity, cash flow, growth, and market to book value have a significant effect on the dividend payout ratio. While the variables of tax, current ratio, and institutional holding have no effect on the dividend payout ratio. The combination of financial ratios, cash flow, taxes, and institutional holding gives a new combination to this research. The contribution of this research is showed the fact that cash flow has a bigger role than profitability, while the sales will increase growth and stock prices will also increase thereby increasing dividend payments. |
| first_indexed | 2024-04-13T21:09:09Z |
| format | Article |
| id | doaj.art-126b184c5acd44e6a5a658398657cfba |
| institution | Directory Open Access Journal |
| issn | 2598-7763 2598-7771 |
| language | English |
| last_indexed | 2024-04-13T21:09:09Z |
| publishDate | 2021-12-01 |
| publisher | University of Merdeka Malang |
| record_format | Article |
| series | AFRE (Accounting and Financial Review) |
| spelling | doaj.art-126b184c5acd44e6a5a658398657cfba2022-12-22T02:29:52ZengUniversity of Merdeka MalangAFRE (Accounting and Financial Review)2598-77632598-77712021-12-014222523210.26905/afr.v4i2.63243053Liquidity, Profitability and Asset Growth towards The Dividend Payout RatioHeliani Heliani0Fitri Mareta1Eneng Rina2Mia Safitri Rahayu3Muhammad Rizky Ramdaniansyah4Nusa Putra UniversityNusa Putra UniversityNusa Putra UniversityNusa Putra UniversityNusa Putra UniversityThe purpose of this study is to determine the factors that influence the distribution of dividends in Indonesia. The objects of this research are 51 manufacturing companies listed on the Indonesia Stock Exchange for the 2015-2019 period. The method used is balanced panel data with random effects model. The results of this study are return on equity, cash flow, growth, and market to book value have a significant effect on the dividend payout ratio. While the variables of tax, current ratio, and institutional holding have no effect on the dividend payout ratio. The combination of financial ratios, cash flow, taxes, and institutional holding gives a new combination to this research. The contribution of this research is showed the fact that cash flow has a bigger role than profitability, while the sales will increase growth and stock prices will also increase thereby increasing dividend payments.https://jurnal.unmer.ac.id/index.php/afr/article/view/6324asset growth, dividend payout ratio, liquidity, and profitability |
| spellingShingle | Heliani Heliani Fitri Mareta Eneng Rina Mia Safitri Rahayu Muhammad Rizky Ramdaniansyah Liquidity, Profitability and Asset Growth towards The Dividend Payout Ratio AFRE (Accounting and Financial Review) asset growth, dividend payout ratio, liquidity, and profitability |
| title | Liquidity, Profitability and Asset Growth towards The Dividend Payout Ratio |
| title_full | Liquidity, Profitability and Asset Growth towards The Dividend Payout Ratio |
| title_fullStr | Liquidity, Profitability and Asset Growth towards The Dividend Payout Ratio |
| title_full_unstemmed | Liquidity, Profitability and Asset Growth towards The Dividend Payout Ratio |
| title_short | Liquidity, Profitability and Asset Growth towards The Dividend Payout Ratio |
| title_sort | liquidity profitability and asset growth towards the dividend payout ratio |
| topic | asset growth, dividend payout ratio, liquidity, and profitability |
| url | https://jurnal.unmer.ac.id/index.php/afr/article/view/6324 |
| work_keys_str_mv | AT helianiheliani liquidityprofitabilityandassetgrowthtowardsthedividendpayoutratio AT fitrimareta liquidityprofitabilityandassetgrowthtowardsthedividendpayoutratio AT enengrina liquidityprofitabilityandassetgrowthtowardsthedividendpayoutratio AT miasafitrirahayu liquidityprofitabilityandassetgrowthtowardsthedividendpayoutratio AT muhammadrizkyramdaniansyah liquidityprofitabilityandassetgrowthtowardsthedividendpayoutratio |