PENGARUH COLLATERAL ASSETS, FREE CASH FLOW DAN PROFITABILITAS TERHADAP KEBIJAKAN DIVIDEN

Abstract

This study aims to determine whether there was an influence between collateral assets, free cash flow, and profitability on dividend policy. In this study, the author used quantitative data analysis with the form of research, namely associative research. The author processed and analyzed data from the financial statements of manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange for 2017-2019. The data was processed using IBM SPSS version 26. The results of the F test showed that there was a simultaneous influence between collateral assets, free cash flow, and profitability on dividend policy. Meanwhile, the results of the t test indicated that free cash flow had a significant effect on dividend policy. Based on the results, it suggested that free cash flow could be one of the factors that could be considered by prospective shareholders to buy shares in a company.This study aims to determine whether there was an influence between collateral assets, free cash flow, and profitability on dividend policy. In this study, the author used quantitative data analysis with the form of research, namely associative research. The author processed and analyzed data from the financial statements of manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange for 2017-2019. The data was processed using IBM SPSS version 26. The results of the F test showed that there was a simultaneous influence between collateral assets, free cash flow, and profitability on dividend policy. Meanwhile, the results of the t test indicated that free cash flow had a significant effect on dividend policy. Based on the results, it suggested that free cash flow could be one of the factors that could be considered by prospective shareholders to buy shares in a company.