PENGARUH RETURN ON ASSET, RETURN ON EQUITY, DAN CASH RATIO TERHADAP DIVIDEND PAYOUT RATIO PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This study aims to determine and analyze the effect of return on assets, return on equity, and cash ratio on the dividend payout ratio. This type of research is a causal associative research with a population of mining sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. Sampling using purposive sampling technique, with a total sample used of 33 samples. The data collection method used is documentation technique. The analysis technique used is descriptive statistics, classic assumption tests, and multiple lenier regression analysis. The results show that the return on asset, return on equity, and cash ratio have no positive dividend payout ratio.