Analisis Faktor - Faktor yang Mempengaruhi Dividen Kas pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Jakarta

Abstract

This research is to analize thefactors influencing cashdividend withfinancial ratio. Research variables are Cash Ratio, Current Ratio, Return On Invesment (ROI), Debt To TotalAsset (DTA), Earning Per Share (EPS) as independent variables and cash dividend as independent variables. Samples use are 42 manufacture industries listing on Jakarta Stock Exchange (JSX) and during 2003-2005 observation period those always divide dividend Research data is financial report industries during 2003-2005 on Indonesian Capital Market Directory (ICMD) 2006. Analysis technique is multiple regression analysis. The result of research showed that ROI andEPShave significantly positive influence on cash dividendfor the level are 0,5 %(0,005) and 0% (0,000); while Cash Ratio, Current Ratio, andDTA is not significant. Simultaneously CashRatio, Current Ratio, ROI, DTA, EPS are prove that they influence on Cash Dividendat level 0% (0,000).