Pengaruh Free Cash Flow, Return On Assets, Total Assets Turnover Dan Sales Growth Terhadap Dividend Payout Ratio (Studi Empiris Pada Perusahaan LQ45 yang Terdaftar di Bursa Efek Indonesia Periode 2013-2015)

Abstract

ABSTRACT
This research is conducted with the aim of: 1) For Free Cash Flow, Return On
Assets, Total Assets Turnover And Sales Growth simultaneously against Dividend
Payout Ratio at LQ45 company in BEI. 2) For Free Cash Flow, Return On Assets,
Total Assets Turnover And Sales Growth partially against Dividend Payout Ratio at
LQ45 company in BEI
The population used in this study are all LQ45 companies listed on the Indonesia
Stock Exchange (BEI) in 2013-2015. Sample selection using purposive sampling.
Based on the criteria, obtained 19 companies that become samples in this study. The
method used in this study using multiple linear regression method.
Based on the results of the analysis can be put forward several conclusions as
follows: 1) F test results show that the variables Free Cash Flow, Return On Assets,
Total Assets Turnover And Sales Growth simultaneously against the Dividend Payout
Ratio. 2) The result of t test shows that for free cash flow variable has significant
effect but has negative relationship toward Dividend Payout Ratio. 3) Return on
Assets variable partially has no effect on Dividend Payout Ratio. 4) Total Assets
Turnover partially has no effect on Dividend Payout Ratio. 5) Sales Growth partially
has no effect on Dividend Payout Ratio.