PENGARUH CASH POSITION, DEBT EQUITY RATIO, RETURN ON ASSET, CURRENT RATIO, FIRM SIZE, PRICE EARNING RATIO, DAN TOTAL ASSETS TURN OVER TERHADAP DEVIDEN PAYOUT RATIO PADA PERUSAHAAN MANUFAKTUR PERIODE 2007-2014

Abstract

IndonesianThis study was conducted to examine the relationship between variables contained in the Factors Affecting Dividend Payout Ratio Manufacturing Company In Food and Beverages Sector Period 2007-2014.
The sampling technique used is pusposive sampling and number of samples used by 15 companies. Variables used in this study, namely the dividend payout ratio (DPR) as the dependent variable and Cash Position (CP), Debt Equity Ratio (DER), Return on Assets (ROA) Current ratio (CR), Firm Size, Price Earning Ratio (PER), Total Assets Turn Over (TATO). Data obtained from the financial statements of companies listed on the Indonesia Stock Exchange in 2007 and 2014. Secondary data were collected and provided by the websites www.idx.co.id. The analysis technique used is multiple regression and hypothesis testing using t statistics to test the partial regression coefficient and F-statistic to test the effect together with a confidence level of 5%.
The results showed that the variable the Firm Size, Price Earnings Ratio (PER) and Total Assets Turnover (TATO) had a significant association with divident payout ratio (DPR). While other variables include Cash Position (CP), Debt Equity Ratio (DER), Return on Assets (ROA) and Current Ratio (CR) has no significant relationship with divident payout ratio (DPR). Of Adjusted R2 value of 0.725 indicates that the independent variables that exist in the model can explain the variation (fluctuation) of DPR at 72,5%, while 27,5% of the variation is explained by DPR other variables outside the model.
Keywords: Cash Position (CP), Debt Equity Ratio (DER), Return on Asset (ROA), Current ratio (CR), Firm Size, Price Earning Ratio (PER), Total Assets Turn Over (TATO), Dividend Payout Ratio (DPR)