Effect of Earning Per Share, Debt to Equity Ratio and Cash Ratio to the Dividend Payout Ratio
1Annaria Magdalena Marpaung, 2Bintang Sahala Marpaung, 3Desi Rahmawati
1,2Institute of Business and Informatics Kesatuan
https://doi.org/10.47191/jefms/v6-i8-11ABSTRACT:
Investors in investing certainly expect benefits in the form of dividends. To find out how much the amount of dividends that can be distributed to investors, the company must know percentage of the dividend payout ratio. Dividend payout ratio is a comparison between dividends with profit per sheet share. Besides dividends payout ratio, the company must also take into account other factors, such as market prices, liquidity levels, solvency, etc. determine policy the dividend.
Study this is done with a view to know influence from earning Per share, Debt to equity ratio, Cash Ratio to dividends payout ratio on the company IDX High Dividend index for the period 2018 - 2021. The research method used is the correlational method, Technique withdrawal sample on study This is done using the non-probability technique sampling. This study uses data secondary to technique analysis data using analytical techniquesregression double linear.
The results of research on Earning per Share, Debt to Equity Ratio, Cash Ratio to Dividend Payouts Ratio in a manner stimulant own influence positive in a mannersignificant.Specifically Partial earning per Share to Dividend Payouts Rati o influential positive significant. The Debt to Equity Ratio and the Cash Ratio to the Dividend Payout Ratio have a negative effect not significant. The R Square value shows a relatively small effect on the Earning per Share, Debt to Equity Ratio and Cash Ratio variables to other variables. Dividend Payout Ratio.
KEYWORDS:
Earning per Share (EPS), Debt to Equity Ratio (DER), Cash Ratio and Dividend Payout Ratio (DPR)
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