PENGARUH LIKUIDITAS, SOLVABILITAS, PROFITABILITAS, RASIO PASAR DAN KEBIJAKAN DIVIDEN TERHADAP RETURN SAHAM

Abstract

This research is meant to examine the influence of liquidity, solvency, profitability, and market ratio and
dividend policy to the stock return of property and real estate companies which are listed in Indonesia Stock
Exchange. The sample collection technique has been conducted by using purposive sampling, so that 18 property
and real estate companies which are listed in Indonesia Stock Exchange in 2011-2014 periods have been selected
as samples. The data analysis technique has been carried out by using multiple linear regressions and hypothesis
test has been done by using SPSS 20 version. Based on the result of hypothesis test, it shows that current ratio
does not have any significant influence to the stock return. Debt to Equity ratio give significant and negative
influence to the stock return. Return on Asset and Return on Equity gives significant and positive influence to
the stock return. Earnings per Share gives significant and positive influence to the stock return. Dividend
Payout Ratio does not give any significant influence to the stock return.
Keywords: , solvability, dividend policy, stock return.