INNOVATION RESEARCH JOURNAL
Vol 4 No 2 (2023)

The Effect of Current Ratio, Debt to Equity Ratio, Return on Assets to Dividend Payout Ratio in Food and Beverage Companies Listed on The Indonesia Stock Exchange

Diah Ayu Puspitasari (Universitas Muhammadiyah Gresik)
Rahmat Agus Santoso (Universitas Muhammadiyah Gresik)



Article Info

Publish Date
22 Nov 2023

Abstract

ABSTRACT The purpose of this study was conducted to determine the effect of the Current Ratio, Debt to Equity, Return On Assets on the Dividend Payout Ratio in Food and Beverage companies listed on the Indonesia Stock Exchange in 2017-2020. This type of research is associative research. The data analysis technique used in this research is quantitative. Data collection techniques in this study using documentation techniques. In this study the authors calculated the liquidity ratio, namely the Current Ratio, calculated the solvency ratio, namely the Debt to Equity Ratio, calculated the profitability ratio, namely Return on Assets and also the market value ratio, namely the Dividend Payout Ratio. Sampling using purposive sampling method using certain criteria. The study sample consisted of 120 companies. The results of this study indicate that Current Ratio has a positive effect on the Dividend Payout Ratio, Debt to Equity Ratio has a positive effect on the Dividend Payout Ratio and Return on Assets has a negative effect on the Dividend Payout Ratio in Food and Beverage companies listed on the Stock Exchange Indonesia in 2017-2020.

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Journal Info

Abbrev

innovation

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Engineering Languange, Linguistic, Communication & Media

Description

Innovation Research Journal (jurnal riset berinovasi) diterbitkan oleh lembaga Penelitian dan Pengabdian Masyarakat Universitas Muhammadiyah Gresik, dua kali setahun pada bulan Maret dan September, Tujuan dari Jurnal ini adalah untuk memfasilitasi para ilmuwan, peneliti dan praktisi bisnis untuk ...