Effect of Current Ratio, Return on Asset, Net Profit Margin and Debt to Equity Ratio on Dividend Pay Out Ratio (For company listed in the LQ45 on Indonesian Stock Exchange)

DOI

10.2991/aebmr.k.200309.010How to use a DOI?

Keywords

Dividend Payout Ratio, Current Ratio, Return on Asset, Net Profit Margin, Debt to Equity Ratio

Abstract

This study aims to determine Effect of Current Ratio, Return On Assets, Net Profit Margin, and Debt to Equity Ratio on Dividend Payout Ratio for companies listed in the LQ45 index on the Indonesia Stock Exchange in 2013-2018. This study uses a quantitative type of descriptive research approach, which is measured by panel data and multiple linear methods with EViews 10. The population in this study are companies listed in the LQ45 index on the Indonesia Stock Exchange in 2013–2018. The research sample of 10 companies was obtained by purposive sampling technique, so that the total observations in this study were 60 observations. The data used in this study is secondary data. The technique of collecting data uses documentation methods through the official IDX website: www.idx.co.id. Testing the hypothesis in this study using the t test (partially) and F test (simultaneously). The results of partial studies (t test) show that (1) Current Ratio has a significant effect on Dividend Payout Ratio. (2) Return on Assets does not have a significant effect on Dividend Payout Ratio. (3) Net Profit Margin has no significant effect on Dividend Payout Ratio. (4) Debt to Equity Ratio has no significant effect on Dividend Payout Ratio. Whereas the F test (Model Test) shows that the estimated regression model is feasible to use to explain the effect (5). Current Ratio, Return On Assets, Net Profit Margin, and Debt to Equity Ratio to the dependent variable Dividend Payout Ratio.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Nelli Novyarni
AU  - Rhama Yudha Permana
PY  - 2020
DA  - 2020/03/12
TI  - Effect of Current Ratio, Return on Asset, Net Profit Margin and Debt to Equity Ratio on Dividend Pay Out Ratio (For company listed in the LQ45 on Indonesian Stock Exchange)
BT  - Proceedings of the Annual International Conference on Accounting Research (AICAR 2019)
PB  - Atlantis Press
SP  - 41
EP  - 45
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200309.010
DO  - 10.2991/aebmr.k.200309.010
ID  - Novyarni2020
ER  -