Journal on Education
Vol 5 No 2 (2023): Journal on Education: Volume 5 Nomor 2 Tahun 2023

Pengaruh Kebijakan Dividen terhadap Harga Saham pada Perusahaan Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia

Faulia Anggeraini (Sekolah Tinggi Ilmu Ekonomi Muhammadiyah Asahan)
Windi Triana (Sekolah Tinggi Ilmu Ekonomi Muhammadiyah Asahan)



Article Info

Publish Date
27 Jan 2023

Abstract

The purpose of this study is to determine the effect of the Dividend Payout Ratio (DPR) on stock prices. To determine the effect of Dividend Yield (DY) on Stock Prices. To determine the effect of the Dividend Payout Ratio (DPR) and Dividend Yield (DY) simultaneously on stock prices. This study uses secondary data in the form of company financial reports. Sampling using purposive sampling. Data analysis used the classical assumption test, multiple linear regression test. The population in this study are manufacturing companies in the food and beverage sector which are listed on the Indonesia Stock Exchange for the 2017-2020 period with a total sample of 11 companies. Data processing in this study uses the SPSS Software Program (Statistics Package for the Social Science) 25. Based on the research conducted, it can be concluded that the results of the first hypothesis test show that the Dividend Payout Ratio (X1) has a significant effect on Stock Price (Y) with a tcount value > ttable (2.928 > 1.6838), and a significant value of 0.006 <0.05 . The results of testing the second hypothesis show that dividend yield (X2) has a significant effect on stock price (Y) with tcount > ttable (3.442 > 1.6838), and a significant value of 0.001 <0.05. The results of the third hypothesis test show that the Dividend Payout Ratio (X1) and Dividend Yield (X2) simultaneously have a significant effect on stock prices (Y), with a value of Fcount > Ftable (41,253 > 2,839) and a significant 0.000 <0.05.

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Journal Info

Abbrev

joe

Publisher

Subject

Education

Description

Journal On Education is a journal that publishes articles related to research (Case Study, Qualitative, Quantitative, Action Research), or development in the field of education such as early education, basic education, secondary education, out-of-school education, higher education, assessment in ...