JURNAL BISNIS DAN AKUNTANSI
FAKTOR-FAKTOR YANG MEMPENGARUHI KEBIJAKAN DIVIDEN PADA PERUSAHAAN NON KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
The purpose of this study is to investigate factors that influence dividend payout. Independent variable of this study are earning per share, return on equity, operating cash flow, size, current ratio, collateral asset, debt to equity. Sample used for this study is 72 nonfinancial company that listed on Indonesia Stock Exchange during 2009 unitl 2011. Sample selected based on purposive sampling method. Multiple regression was used to analyze the data. The results of this study can be summarized as follows. Earning per share, operating cash flow have a significant influence to dividend payout. While return on equity, current ratio, collateral asset, debt to equity ratio have no significant influence to dividend payout.Keyword :Dividend Payout, Earning per Share, Return on Equity, Operating Cash Flow, Size, Current Ratio, Collateral Asset, Debt to Equity Ratio.