PENGARUH RASIO KEUANGAN TERHADAP KEPUTUSAN MEMBAYAR ATAU TIDAK MEMBAYAR DIVIDEND PADA PERUSAHAAN YANG TERGABUNG DALAM SUB SEKTOR INDUSTRI MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2011-2013

Abstract

Dividends are one way for the welfare of shareholders. This study aims to look at the influence of financial ratios are the current ratio, debt to equity ratio, net profit margin, earnings per share, and price earnings ratio to the decision to pay or not pay a dividend on the company incorporated in the food and beverage industry subsektor listed in Bursa Indonesian effects. In this study has 20 companies that pay and do not pay dividends 2011-2013, dance technique samples used dummy variable is where all the research sample population. The analytical method used is a binary regression method ligistic. From the analysis of the ratio are the earnings per share that has an influence on the decision to pay dividends. And the ratio of the current ratio, debt to equity ratio, net profit margin and price earnings ratio does not affect the decision to pay dividends. This appointment that financial ratios current ratio, debt to equity ratio, net profit margin and price earnings ratio is not a tool that can be used to determine the company's decision to pay dividends. Keywords: Dividend payout ratio, financial ratio (current ratio, debt to equity ratio, net profit margin, earnings per share, and the price earnings ratio), the decision to pay or not pay a dividend.