PENGARUH KEBIJAKAN DIVIDEN TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of Dividend Per Share (DPS) and Earning Per Share (EPS) on stock price of LQ-45 index companies which were listed on Indonesia Stock Exchange during 2017-2020. The research was quantitative. Moreover, the data collection technique used purposive sampling. In line with that, there were 68 samples from 17 LQ-45 index companies which fulfilled the criteria given. Furthermore, the data analtsis technique used multiple linear regression with SPSS 24. The research result concluded that Dividend Per Share (DPS) had a positive effect on stock price. It meant, the higher the DPS was, the better prospect of companies would have. This happened as they could give bigger dividend on other hand. Earning Per Share (EPS) had a positive effect on stock price. It meant this high value of eps the company can provide a good signal to investors.