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Journal : AFRE Accounting Financial Review

Rasio Keuangan dan Arus Kas sebagai Prediktor Pembagian Dividen di Indonesia Henny Setyo Lestari; Wahyuni Rusliyana Sari; Hartini Hartini; Adinda Putri Ramdhani
AFRE (Accounting and Financial Review) Vol 4, No 2 (2021): December
Publisher : Postgraduate Program Merdeka University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/afr.v4i2.6123

Abstract

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.DOI: https://doi.org/10.26905/afr.v4i2.6123
Co-Authors Abdul Gafur Aciu, Lia Elena Adinda Putri Ramdhani Adji Sutama Anis, Idrianita Aprilia, Joti Azura, Amelinda Fairuz Azwar, Beni Azzuhra, Dirra Bahtiar Usman Bahtiar Usman, Bahtiar Bambang Endro Yuwono Deriwanto, Deriwanto Dewi Nilamsari Djohar Tjintamani Eka Apriyanti Emelia Sari Evi Susanti Sinaga Fadila Fadila, Fadila Fafurida Fafurida Fauzan, Ad Fietroh, Muhammad Nur Gita Handayani Tarigan Gusni Muharam Harmaini Harmaini Hartini Rahayu, Dwi Hasbi, Zelfi Haya Uni Aldi Helmi Noviar Henny Setyo Lestari Hermawan, La Ode Idi Warsah Idi Warsah, Idi Warsah Idrianita Anis Irama, Debi Irama Isnaeni Nabilah istiqomah istiqomah Iveline Anne Marie Jansen Arsyah, Regina Joseph, Corina Juliana Josephina Alexsandra Kamal, Husni Kartika Lestari, Kartika Khoirun Nisa Mandasari, Jayanti Mardiyono Mardiyono Marinda, Aflia Bela Monica Dwi Hartanti, Monica Dwi Muhammad Arfan Muhammad Syaipul Hayat Mutianingsih, Veronika Nina Haryati, Nina Ningsih, Liasulistia Nur Khoiri Nurasia, Nurasia Oktapiani, Serli Panira, Sismaul Pankham, Sumaman Prihantoro , Prihantoro Prihantoro Prihantoro Prihartini, Wa Ode Zuliah Ramli, Adelia Ramli Ratna Dewi Setiyawati Ratna Shofiati Ratnaningsih Ruhiyat Regina Jansen Arsjah Rina Fitriana, Rina Risnawati Risnawati Riswan R, Muh. Rosyidah, Isy Maryam Rudi Masniadi Rudy Pou, Rudy S, Dina Indrati D. Sari, Syandra Saripuddin, Saripuddin Setiawan, Jamil Siska Herliana Sumarto Sumarto Syamsul Rizal Tanjung, Indra Ismayudi Tanjung, Yulia Windi Teddy Siswanto, Teddy Tektona Agni, Muhammad Teruri, Shabrina Tiara, Meza Usman, Bachtiar Veronika Mutianingsih Wahyuni Rusliyana Sari Wahyuninggsih, Yayuk Eko Wawan Kurniawan Wegig Murwonugroho Wiranata, Erik Wirawn, Pandy Akbar Yudha Melianto