Pengaruh Profitabilitas dan Kebijakan Hutang Terhadap Pembagian Dividen pada Perusahaan Farmasi yang Terdaftar Bursa Efek Indonesia di Jakarta

Abstract

The purpose of this study is to find out and analyze the Effect of Profitability and Debt Policy on Dividend Distribution in Registered Pharmaceutical Companies in the Indonesia Stock Exchange in Jakarta. The research method used is associative research, where the variable is measured by a Likert scale. The secondary data collection method, by collecting the Indonesian Stock Exchange's Registered Pharmacy financial statements in Jakarta in the form of balance sheets and income statements for 2013 to 2017 which are listed on the Indonesia Stock Exchange. The sample used in this study is a quarterly financial report in the form of a balance sheet and income statement of Registered Pharmacy in the Indonesia Stock Exchange in Jakarta. In this study, the population is relatively small, namely as many as 5 companies. Data processing uses SPSS version 23 software, with descriptive analysis and hypothesis testing of multiple regression analysis. The results showed that: (1) partially the Profitability variable affects the Dividend Distribution of Registered Pharmaceutical Companies in the Indonesia Stock Exchange in Jakarta (2) partially the Debt Policy variable affects the Dividend Distribution of Registered Pharmaceutical Companies in Indonesia Stock Exchange in Jakarta ; (3) simultaneously there is a positive and significant influence between the variables of confidence and Debt Policy affecting the Dividend Distribution of Registered Pharmaceutical Companies in the Indonesia Stock Exchange in Jakarta.