PENGARUH RETURN ON ASSETS, DEBT TO EQUITY RATIO, DAN FIRM SIZE TERHADAP DIVIDEND PAYOUT RATIO

Abstract

The purpose of this research is to know the influence of return on assets, debt to equity ratio, and firm size to the dividend payout ratio in manufacturing companies in food and beverages sub sector which listed in Indonesia Stock Exchange in 2012-2016 period.This type of research is a causality study that explains the possibility of causality among variables. In this research, take the population from manufacturing company sub sector of food and beverages as many as 15 companies in 2016. The method used to take the sample is by purposive sampling method, based on predetermined criteria then selected 7 companies as a sample of research on manufacturing companies sub sector food and beverages. The analytical method used is multiple linear regression analysis using SPSS 24 assistance.The result of research by using multiple linear regression stated that return on assets have positive and significant influence to dividend payout ratio, debt to equity ratio has negative and significant influence to dividend payout ratio, and firm size have positive and significant influence to dividend payout ratio.
Keywords: : return on assets, debt to equity ratio, firm size and dividend payout ratio