PENGARUH KEBIJAKAN DIVIDEN, LIKUIDITAS, DAN PROFITABILITAS TERHADAP HARGA (Studi Pada Perusahaan Food and Beverage Yang Terdaftar di Bursa Efek Indonesia)

Abstract

Therefore, this research aimed to examine the effect of dividend policy, liquidity, and profitability on stock price. While dividend policy was measured by Dividend Payout Ratio, liquidity which was measured by Current Ratio, and profitability which was measured by Return On Asset. Meanwhile, stock price was measured by closing price. The research was quantitative. Moreover, the population was Food and Beverages companies which were listed on Indonesia Stock Exchange during 2016-2020. Furthermore, the data collection technique used purposive sampling. In line with that, there were 6 companies as a research sample. Additionally, the data analysis technique used multiple linear. In addition, the research result concluded that Dividend Payout Ratio had a positive and significant effect on stock price. On the other hand, Current Ratio had a negative and significant effect on stock price. In contrast, Return On Asset had a positive and significant effect on stock price.
Keywords: dividend policy, liquidity, profitability, stock price