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

Abstract

Company can consider its performance in order to fulfill the dividend policy, with analyzing the financial
statement ratio. At this point, the research aimed to examine and find out the effect of return on assets, current
ratio, debt to equity ratio, and firm size on the dividend payout ratio of manufacturing companies which were
listed on Indonesia Stock Exchange 2014-2017. The population was manufacturing companies which were listed
on Indonesia Stock Exchange 2014-2017. While, the sampling collection technique used purposive sampling, in
which there were 11 manufacturing companies as sample based on criteria given. Moreover, the statistical
method used descriptive statistics with multiple linier regression as the data analysis technique. The reseacrh
result, from the multiple linier regression, conculuded the return on assets and firm size had positive effect on
the dividend payout ratio. In brief, the return on assets and firm size had affected on the dividend payout ratio;
however the current ratio and debt to equity ratio did not affect on the dividend payout ratio
Keywords: return on assets, current ratio, debt to equity ratio, firm size, dividend payout ratio