Title:
AN EFFECT OF THE PROFITABILITY, LEVERAGE AND FIRMS SIZE WITHIN THE BURSA EFEK INDONESIA (BEI) 2015 – 2017: INSIGHT THE DIVIDEND POLICY AMONG COMPANY

Authors:
RR Ririn Sri Puji Lestari, Anggi Juliadina and Wilhelmus H S*

Abstract:
The dividend policy is financial decision which was conduct by the company after the company operates and make profits. Among company dividends distributed to investors based on dividend policy which company decided. There are few things which can be influence of dividend policy on company in this study, such as profitability, leverage, and firm size. The purpose of this study is to determine the impact significance of profitability, leverage, and firm size on dividend policy. Moreover, the study conducted at banking companies which on Indonesia Stock Exchange list period 30. Hence, the technique of purposive sampling method and the multiple linear Regression applied on the analysis technique. Research shows that profitability and firm size resulting the positive and significant impact on dividend policy. In other side, research shows leverage resulting the negative and significant impact on dividend policy. Furthermore, an analysis of adjust R square shows 0.466, which outcome from variable of profitability, leverage and and firm size, 46.60% contributed to dividend policy and the 53.40% could influenced by other variables.

Keywords:
Profitability, Leverage, Firm Size, Dividend Policy