Factors Affecting Dividend Payout Ratio of Food and Beverage Manufacturing Companies in Indonesia

Surya Nuriansyah, Asrid Juniar and Redawati
Additional contact information
Surya Nuriansyah: Student of Master Business Administration, Lambung Mangkurat University, Banjarmasin, Indonesia
Asrid Juniar: Student of Master Business Administration, Lambung Mangkurat University, Banjarmasin, Indonesia
Redawati: Student of Master Business Administration, Lambung Mangkurat University, Banjarmasin, Indonesia

International Journal of Business and Administrative Studies, 2017, vol. 3, issue 6, 229-238

Abstract: Dividend Payout Ratio (DPR) is a parameter to measure the amount of dividend to be distributed to shareholders. This is because investors want to know how much DPR they receive. If they see the revenue earned by them including profitable, then investors will not hesitate to invest their capital in the company. This study aims to determine and analyze the factors affecting the DPR of food and beverage manufacturing companies in Indonesia listed on the Indonesia Stock Exchange from 2010 to 2014. There are 5 (five) independent variables that represent the ratio of published financial performance, which allegedly affect the House of Representatives i.e., Cash Position (CP), Free Cash Flow (FCF), Debt to Equity Ratio (DER), Return on Assets (ROA), and Company Size (CS). Based on the results of the tests conducted can be seen that there are two independent variables namely the ratio of CP and ROA which have a significant effect on DPR, while the other three variables are FCF, DER, and CS have no significant effect on devidend payout ratio.

Keywords: Cash Position; Free Cash Flow; Debt to Equity Ratio; Return on Assets; Company Size (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://kkgpublications.com/business-v3-i6-article-4/ (application/pdf)
https://kkgpublications.com/wp-content/uploads/2018/09/IJBAS.3.10004.6.pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:apa:ijbaas:2017:p:229-238

DOI: 10.20469/ijbas.3.10004-6

Access Statistics for this article

International Journal of Business and Administrative Studies is currently edited by Professor Dr. Bahaudin G. Mujtaba

More articles in International Journal of Business and Administrative Studies from Professor Dr. Bahaudin G. Mujtaba Calle Alarcon 66, Sant Adrian De Besos 08930, Barcelona Spain.
Bibliographic data for series maintained by Professor Dr. Bahaudin G. Mujtaba ().