FAKTOR-FAKTOR YANG MEMPENGARUHI TINGKAT PENGEMBALIAN INVESTASI PADA PERUSAHAAN MANUFAKTUR DI BEI

Abstract

The research is aimed to find out what sort of factor which influences the rate of return on investment in
the form of dividends. Investors want to find out the possibility to gain profit in the form of dividends from
investment. The data is the secondary data that has been obtained from the annual report. The population is all
manufacturing companies which are listed in Indonesia Stock Exchange in 2011-2014 periods, the determination
of sample collection has been done by using purposive sampling and 120 companies have been selected as
samples. This research has been carried out by using multiple linear regressions analysis and SPSS program.
The result of the research indicates that NPM and DER have positive influence to the return on investment in
the form of dividend (DPR) whereas company growth which is measured by using sales growth has negative
influence to the return on investment in the form dividend. However, liquidity and firm size which is measured
by using CR and firm size does not have any influence to the rate of return on investment in the form of
dividend.
Keyword: profitability, liquidity, leverage, growth, company size, dividend