Analyzing the Impact of Cash Position and Return On Equity on the Dividend Payout Ratio in Consumer Goods Companies Listed on the Indonesia Stock Exchange, 2019-2023
Article Sidebar
Main Article Content
Abstract
company's cash position is an essential factor in determining the dividend. Return on equity, known as own capital profitability, measures the ratio of net profit after tax to the company's own capital. The dividend payout ratio measures the ratio of dividends to earnings for the company. This research population consists of 37 consumer goods industry companies listed on the Indonesia Stock Exchange in 2019-2023. Purposive sampling was used, so the sample size in this study is 18 companies. The research concludes that the cash position and the return on equity affect the dividend payout ratio.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
References
Atmaja, Lukas Setia. 2008. Manajemen Keuangan. Yogyakarta: CV. Andi Offset.
Brigham, Eugene F. dan Joel F. Houston. 2018. Dasar-Dasar Manajemen Keuangan. Jakarta:Salemba Empat.
Darmadji, Tjiptono dan Hendy M. Fakhruddin. 2012. Pasar Modal di Indonesia. Edisi Ketiga Jakarta: Salemba Empat.
Murhadi, Werner. 2019. Analisis Laporan Keuangan: Proyeksi dan Valuasi Saham. Jakarta: Penerbit Salemba Empat.
Riyanto. 2011. Dasar-dasar Pembelanjaan Perusahaan. Edisi Keempat. Yogyakarta: BPFE UGM.
Sugiyono. 2020. Metode Penelitian Kuantitatif Kualitatif dan R&D. Bandung: PT Alfabeta.
Windasari, Resti. Pengaruh Cash Position Dan Debt To Equity Ratio Terhadap Cash Dividend Perusahaan Manufaktur Pada Bursa Efek Indonesia. Artikel Ilmiah. Universitas Sriwijaya, 2013.
Walsh, Claran. 2004. Key Management Ratios. Edisi Ketiga. Jakarta: Erlangga.