Pengaruh ukuran perusahaan, profitabilitas dan struktur modal terhadap kebijakan deviden pada perusahaan di bidang kelautan yang terdaftar di Bursa Efek Indonesia periode 2015-2018.

Abstract

This study aims to determine the effect of Company Size, Profitability, and Capital Structure on Dividend Policy in Companies in the Marine Sector Listed on the Indonesia Stock Exchange Period 2015-2018. The independent variables in this study are Company Size, Profitability and Capital Structure while the dependent variable is Dividend Policy. The data used in this study are secondary data in the form of financial statements. The population in this study are companies in the marine sector which are listed on the Indonesia Stock Exchange in the 2015-2018 period as many as 35 companies in the marine sector. The sampling technique was using a 10 company goal sampling method with the observation period of 2015-2018 so that as many as 40 objects were selected. This study uses the documentation method obtained from financial statements published on the official website of the Indonesia Stock Exchange, www.idx.co.id. The analysis technique used is a moderation regression analysis with the help of the SPSS 25 program. The results of the test get the results that company size (LN size) has a negative and not significant effect on dividend policy, profitability (ROA) has a negative effect and is not significant on dividend policy. Capital structure (DER) has a negative and significant effect on dividend policy. While simultaneously the size of the company, profitability and capital structure significantly influence dividend policy.