ANALISIS PENGARUH RASIO KEUANGAN TERHADAP KEPUTUSAN PEMBAYARAN DIVIDEN PADA PERUSAHAAN INDUSTRI MAKANANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

Dividends are important for the company to prosper and stokholders. This study aimed to analyze the effect of financial ratios is the current ratio, debt to equity ratio, net profit margin and earnings per share on the dividend payment decision on the food and beverage industry are listed in the Indonesia Stock Exchange. This study used 18 companies that pay dividends and not pay dividends in the period 2002-2011. The analytical method used is a binary logistic regression. The results showed that the current ratio, debt to equity ratio, net profit margin and earnings per share no significant effect on the dividend payment decision. This shows the current ratio financial ratios, debt to equity ratio, net profit margin and earnings per share information is not to be used as consideration in the company's dividend payment decision.
Keywords: Dividend payout ratio, curren tratio, debt to equity ratio, net profit margin earnings per share, dividends policy