PENGARUH ARUS KAS BEBAS, HUTANG DAN LABA TERHADAP DIVIDEN PADA PERUSAHAAN MANUFAKTUR YANG TERCATAT DI BURSA EFEK INDONESIA TAHUN 2012-2014
ABSTRACT: The
purpose of this research is to know and analyze the effect of variable free
cash flow (FCF), debt (DAR) and earnings (EPS) of dividends (DPR), and determine
which variables are most effect on the dividend. This type of research is explanatory
research with quantitative approach and using multiple regression analysis with
a sample of manufacturing companies listed in Indonesia Stock Exchange that
cash dividends for three years, have complete data, and does not have a
negative net income during the years 2012-2014. Based on the results of the research
indicated that the variable free cash flow (FCF), debt (DAR) and earnings (EPS)
significantly affects the dividend (DPR), which is reinforced by F test and t test.
The results of the f test (simultaneous) indicate that third variable indepen
(free cash flow, debt and profit) together affect dividends significantly. The
results of the t test (partial) indicates that the variable free cash flow
positive effect is not significantly to dividends. Variable debt negative
effect is not significanly to dividend and variable profit significant positive
effect on the dividend. The variables that most influence on dividends are
variable profit.
Keywords:
Dividend, Free Cash Flow, Debt, Profit
Penulis: Lidya
Ayu Purnamasari
