EconPapers    
Economics at your fingertips  
 

Analysis of Factors that Impact Dividend Payout Ratio on Listed Companies at Jakarta Islamic Index

Rembulan Rahmadia Fitri (), Muhamad Nadratuzzaman Hosen () and Syafaat Muhari ()

International Journal of Academic Research in Accounting, Finance and Management Sciences, 2016, vol. 6, issue 2, 87-97

Abstract: The purpose of the research is to examine the effect of Return On Assets (ROA), Debt to Equity Ratio (DER), Assets Growth and Dividend Payout Ratio in a Year Before (DPRt-1) towards Dividend Payout Ratio (DPR) on Listed Companies at Jakarta Islamic Index during 2009-2014 period. This research is using annual report that collected from Indonesia Stock Exchange. The method used in this research is panel data regression analysis and the chosen models that used common effect model. The results showed a positive and significant effect of ROA and DPR in a year before to Dividend Payout Ratio. The results also showed a negative and significant effect of Asset Growth to Dividend Payout Ratio. However, the results also showed no significant effect of Debt to Equity Ratio to Dividend Payout Ratio. The most significant variable that effecting Dividend Payout Ratio is Dividend Payout Ratio a Previous Year (DPRt-1).

Keywords: Dividend payout ratio; return on asset; debt to equity ratio; assets growth; Jakarta Islamic Index (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://hrmars.com/hrmars_papers/Article_09_Analysi ... end_Payout_Ratio.pdf (application/pdf)
http://hrmars.com/hrmars_papers/Article_09_Analysi ... end_Payout_Ratio.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:hur:ijaraf:v:6:y:2016:i:2:p:87-97

Access Statistics for this article

More articles in International Journal of Academic Research in Accounting, Finance and Management Sciences from Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences
Bibliographic data for series maintained by Hassan Danial Aslam ().

 
Page updated 2018-11-10
Handle: RePEc:hur:ijaraf:v:6:y:2016:i:2:p:87-97