Pengaruh Pembayaran Dividen Terhadap Kinerja Keuangan Perusahaan Manufaktur

Reyka Nafara Hilsya; Noopya Lestari; Qoriana Dewi; Henny Setyo Lestari

doi:10.24912/je.v27i2.1065

Authors

Reyka Nafara Hilsya Faculty of Economics and business, Trisakti University jakarta
Noopya Lestari Faculty of Economics and business, Trisakti University jakarta
Qoriana Dewi Faculty of Economics and business, Trisakti University jakarta
Henny Setyo Lestari Faculty of Economics and business, Trisakti University jakarta

DOI:

https://doi.org/10.24912/je.v27i2.1065

Keywords: Firm Finansial Performance; Dividend Payment

Abstract

This The purpose of this study is to analyze the effect of Dividend Payment on Firm Financial Performance of manufacturing companies listed on the IDX for the 2016-2020 period. The dependent variable is firm financial performance, the independent variable in this study is Dividend Payout Ratio and Decision of Dividend Payment, and the control variable is ROA and Tobins'q. The number of samples in this study were 29 manufacturing companies. The sampling technique used is purposive sampling technique. The results of panel data regression show that the results of the Dividend Payout Ratio and Decision of Dividend Payment have a significant effect on firm financial performance, but the DPR and Decision of Dividend Payment have no effect on firm financial performance (tobins'q). The results showed that Dividend Payout Ratio and Decision of Dividend Payment had an influence on firm financial performance. Therefore, investors can provide input for companies to consider their decisions.

Author Biographies

Reyka Nafara Hilsya, Faculty of Economics and business, Trisakti University jakarta

reyhilsya@gmail.com

Noopya Lestari, Faculty of Economics and business, Trisakti University jakarta

lnoopya@gmail.com

Qoriana Dewi, Faculty of Economics and business, Trisakti University jakarta

qorianadewi11@gmail.com

Henny Setyo Lestari, Faculty of Economics and business, Trisakti University jakarta

henny_setyo_lestari@trisakti.ac.id

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