FAKTOR-FAKTOR YANG MEMPENGARUHI KEBIJAKAN DIVIDEN PERUSAHAAN SEKTOR PERTANIAN YANG LISTING DI BURSA EFEK INDONESIA PERIODE 2013-2019

Abstract

This research was conducted to determine the factors that influence dividend policy.  The variables used in this study are profitability, liquidity and leverage.  The population of this research is all agricultural sector companies listed on the Indonesia Stock Exchange (BEI) for the 2013-2019 period.  Through purposive sampling, the samples used in this study were 5 companies.

Based on the research results, it is concluded that the leverage variable which is proxy by the Debt Equity Ratio (DER) are not the factors that affect the dividend policy. Meanwhile, the profitability variable which is proxy by the Return on Assets (ROA) and the liquidity variable which is proxy by Current Ratio (CR) is the  factors that influence dividend policy.

Keywords: profitability, liquidity, leverage and dividend policy.