PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP DIVIDEND PAYOUT RATIO PADA PERUSAHAAN FOOD AND BEVERAGES

Abstract

This research aimed to find out the effect of profitability (Return On Assets), liquidity (Current Ratio), and leverage (Debt to Equity Ratio) on Dividend Payout Ratio of Food and Beverages companies which were listed on Indonesia Stock Exchange (IDX). While, the data were secondary which taken from IDX. Moreover, the research was qualitative. Futhermore, the population was 25 Food and Beverages companies which were listed on Indonesia Stock Exchange during 2014-2018. Additionally, the data collection technique used purposive sampling, in which the sample was based on criteria given. In addition, the data analysis technique used multiple linier regression with SPSS (Statistical Product and Service Solution) 25. Meanwhile, for the research result, in concluded profitability (Return On Assets) had positive and significant effect on Dividend Payout Ratio (DPR). On the other hand, liquidity (Current Ratio) had insignificant effect on Dividend Payout Ratio (DPR). Likewise, leverage (Debt to Equity Ratio) had insignificant effect on Dividend Payout Ratio (DPR) of Food and Beverage companies which were listed on Indonesia Stock Exchange.
Keyword: profitability, liquidity, leverage, dividend payout ratio