THE EFFECT OF CURRENT RATIO, AND GROWTH ASSETS ON DIVIDEND POLICY

Abstract

This study aims to determine and analyze the effect of the current ratio and growth assets on dividend policy partially and simultaneously. By testing the independent variables one by one dependent and jointly testing all independent variables. This type of research used quantitative research. The objects of this study are all Property, Real Estate and Buillding companies listed on the Indonesia Stock Exchange (IDX) in the 2015-2017 period. This research was conducted on 19 companies, the sample selection method used was purposive sampling method. The data analysis method used in this study is multiple linear regression, which is an analysis of the relationship between one dependent variable with two or more independent variables. The results of this study indicate that partially and simultaneously the Current Ratio has a positive and significant effect on Dividend Payout Ratio, and Growth Asset has a negative and not significant effect on Dividend Payout Ratio. KEYWORDS : Current Ratio, Asset Growth, Dividend, Property company, Real Estate dan Buillding