The Effect of Leverage, Liquidity, and Firm Size on Dividend Policy in Property and Real Estate Companies Listed on the Indonesia Stock Exchange

Abstract

Property and real estate companies are one of the business sectors that will contribute to the advancement of the Indonesian economy, with investors as supporters who will receive profits in the form of dividends according to their proportion of ownership. This study aims to determine the effect of leverage, liquidity, and firm size on dividend policy in property and real estate companies listed on the IDX in 2019-2022. This research uses quantitative methods with a sample comprising 11 property and real estate companies listed on the IDX in 2019-2022 selected through purposive sampling. The data analysis method used is multiple linear regression analysis assisted by the SPSS version 26.0 program to process research data. The result of the analysis prove that all independent variabels have a contribution to the dependent variable.