PENGARUH PROFITABILITAS, LIKUIDITAS DAN AKTIVITAS TERHADAP KEBIJAKAN DIVIDEN PADA PERUSAHAAN PERBANKAN DI BEI

Abstract

This research aimed to examine the effect of profitability, liquidity, and activity on the dividend policy. While the independent variabels were profitability which was measured by Return On Asset (ROA), liquidity was measured by Cash Ratio (CR), and activity was measured by Total Asset Turnover (TATO). Meanwhile, the dependent variable was measured by the dividend policy.The research was quantitative research. Moreover, the data collection technique used purposive sampling technique, in which the sample was based on criteria given. In line with, there were 43 samples from 9 banking companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2019. Furthermore, the data analysis technique used multiple linear regressuib with SPSS (statistical Product and Service Solution) 25. The research result concluded that profitability had a significant effect on the dividend policy. Likewise, liquidity had a significant effect on the dividend policy. On the other hand, activity had an insignificant effect on the dividen policy
Keyword: profitability, liquidity, activity, dividend policy