ANALISIS PENGARUH CURRENT RATIO (CR), RETURN ON ASSET (ROA), DEBT TO EQUITY RATIO (DER), DAN SALES GROWTH TERHADAP DIVIDEND PAYOUT RATIO (DPR) (Studi Empiris Pada Perusahaan LQ45 Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2018)

Abstract

The Purpose of this research is to test and analyze the effect of current ratio, return
on assets, debt to equity ratio, and sales growth on the dividend payout ratio. Sampling
Method of this research is purposive sampling. The sample of this study was 10 LQ45
companies listed on Indonesia Stock Exchange in 2014-2018 period. The results showed that
current ratio had a negative effect, return on assets had a positive effect, debt to equity ratio
had a negative effect, sales growth had a negative effect on dividend payout ratio, and
current ratio, return on assets, debt to equity ratio and sales growth simultaneously had an
effect on dividend payout ratio.