PENGARUH RETURN ON ASSET, ASSET GROWTH, SALES GROWTH, DAN DEBT TO EQUITY RATIO TERHADAP DIVIDEND PAYOUT RATIO

Abstract

This research performed to examine influence of Return On Asset (ROA), Asset Growth (AG), Sales Growth (SG) dan Debt to Equity Ratio (DER) on Dividend Payout Ratio (DPR) in manufactur company listed of Indonesia Stocks Exchange (BEI) in period 2009-2013. Sample selection technique used is the purposive sampling, so research samples obtained as many as 20 companies. Data analysis techniques used in this research is a classic assumption test, multiple linear regression test, and test the hypothesis.

The result of this research showed that Return On Asset was influenced and significant for Dividend Payout Ratio. whereas the other variable in this research such as Asset Growth, Sales Growth and Debt to Equity Ratio didn’t have the significant influenced for Dividend Payout Ratio.

Keywords : Return On Asset (ROA), Asset Growth (AG), Sales Growth (SG), Debt to Equity Ratio (DER), Dividend Payout Ratio (DPR)