Sugeng Praptoyo
Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya

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Journal : Jurnal Ilmiah Akuntansi dan Keuangan (JIAKu)

PENGARUH PROFITABILITAS DAN KEBIJAKAN DIVIDEN TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTY DAN REAL ESTATE Vingky Riswanto Ardhyansyah; Sugeng Praptoyo
Jurnal Ilmiah Akuntansi dan Keuangan (JIAKu) Vol 1 No 2 (2022)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (290.931 KB) | DOI: 10.24034/jiaku.v1i2.5407

Abstract

This research aimed to examine the effect of profitability which was referred to as Return on Equity, and dividend policy which was referred to as the Dividend Payout Ratio on the stock price of property companies and Real Estate companies that were listed on Indonesia Stock Exchange 2017-2020. The research result concluded that Return on Equity had an insignificant effect on the stock price. It happened as companies' profit was not the only indicator of ROE. ROE had only viewed companies’ performance in getting some profits with owners’ investment. It lacked showing companies’ development and their prospect; so, the investors did not consider ROE as an investment consideration. In contrast, the Dividend Payout Ratio had a significant effect on the stock price. This meant investors preferred to have little share dividend since paid tax followed by the accepted dividend.