Journal Online Manajemen ELPEI (JOMEL)
Vol 6 No 1 (2026)

Pengaruh Dividen Per Share Dan Earning Per Share Terhadap Harga Saham Pada PT. Unilever Indonesia, Tbk

Dzulfadeln, Prawira Aditya (Unknown)



Article Info

Publish Date
22 Feb 2026

Abstract

This study aims to determine the influence of Dividend per Share (DPS) and Earnings per Share (EPS) on stock prices at PT Unilever Indonesia Tbk. The research uses quantitative data derived from secondary sources. The analytical methods applied for the 2023 period include multiple linear regression analysis, coefficient of determination, correlation coefficient, t-test, and F-test. The results of the multiple linear regression analysis produce the equation: Y = 2,490.13 + 10.95X₁ + 47.86X₂ The correlation coefficient (R) is 0.714, indicating a strong relationship between the independent variables and the stock price. The coefficient of determination (R²) is 0.510, meaning that 51% of the variation in stock prices can be explained by Dividend per Share and Earnings per Share, while the remaining 49% is influenced by other factors outside the model. Simultaneously, Dividend per Share and Earnings per Share do not have a significant effect on stock prices. Partially, Dividend per Share does not have a positive and significant effect on stock prices, whereas Earnings per Share has a positive and significant effect on stock prices.

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Journal Info

Abbrev

Jomel

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Fokus JOMEL (Jurnal Online Manajemen ELPEI ) adalah Hasil Penelitian dan Kajian Ilmu Manajemen seperti manajemen keuangan, manajemen pemasaran, manajemen sumber daya manusia, manajemen operasi, manajemen pendidikan, Manajemen Strategi serta kewirausahaan Serta hasil penelitian yang relevan dengan ...