Pengaruh Pengaruh Profitabilitas, Leverage dan Likuiditas Terhadap Kebijakan Dividen
Abstract
This study aims to obtain empirical evidence regarding the effect of Profitability, Leverage and Liquidity on Dividend Policy in Food And Beverage and Cigarette industrial companies listed on the Indonesia Stock Exchange for the period 2012 – 2020, the method used is purposive sampling method. The number of samples used in this study are 17 food and beverage sub-sector companies and 4 cigarette sub-sector companies listed on the Indonesia Stock Exchange for the period 2012 - 2020. This study uses a regression model in data analysis and uses a quantitative method. The results of hypothesis testing for food and beverage companies, partial leverage effect on dividend policy, while profitability and liquidity partially have no effect on dividend policy. As for cigarette companies, profitability partially affects dividend policy, while leverage and liquidity partially have no effect on dividend policy. Simultaneously the two sub-sectors have the same effect, namely Profitability, Leverage and Liquidity have a significant effect on Dividend Policy.
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