Effect of Return on Asset, Return on Equity, Net Profit Margin, Debt to Asset Ratio and Debt to Equity Ratio to Dividend Payout Ratio of Public Companies Listed in Sharia Securities List in Indonesia Stock Exchange 2009-2012

Njotoprajitno, Rosemarie Sutjiati (2014) Effect of Return on Asset, Return on Equity, Net Profit Margin, Debt to Asset Ratio and Debt to Equity Ratio to Dividend Payout Ratio of Public Companies Listed in Sharia Securities List in Indonesia Stock Exchange 2009-2012. 2nd World Conference on Islamic Thought & Civilization: Rise & Fall of Civilization Contemporary States of Muslim Affairs, 18-19 August 2014, Ipoh., 2 (-). pp. 1-17. ISSN -

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Abstract

Commonly, every investor who invests their fund to a company will want to gain profit. One kind of this profit is dividend which is defined as some portion of company profit that are distributed to stockholders. This make Dividend Payout Ratio (DPR) one important information that gain attention from investor. This study tries to examine factors that may affect the dividend policy of a company. This research tries to examine the effect of Return on Asset (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt to Asset Ratio (DAR), and Debt to Equity Ratio (DER) to Dividend Payout Ratio (DPR). The companies selected are public companies that are always enlisted in Daftar Efek Syariah (DES) from 2009-2012 periods and always distributed their dividend from 2009-2012 periods. This is a quantitative research that used statistical method path analysis to find the answers of the problems. The purpose is to find out which indpendent variables is the most usefull in predicting the dividend shared by the companies examined. The results shows that in public companies listed in Sharia Securities List in Indonesia Stock Exchange that routinely share dividends in periods 2009-2012, partially variables ROA, NPM, DAR, and DER doesn’t significantly affect DPR,while variables ROE partially show significant effect to DPR. every one point increase in ROE (X2) will cause 0.980 increase in DPR (Y) with assumptions that other independen variables are constant. Simultaneously ROA, ROE, NPM, DAR, and DER significantly affect DPR.

Item Type:	Article
Uncontrolled Keywords:	Dividend, ratio, public companies.
Subjects:	H Social Sciences > HG Finance
Divisions:	Fakultas Ekonomi > S-1 Manajemen
Depositing User:	admin LPPM
Date Deposited:	12 Apr 2018 09:09
Last Modified:	12 Apr 2018 09:09
URI:	http://repository.lppm.maranatha.edu/id/eprint/471

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