PENGARUH SALES GROWTH, FIRM SIZE, TOTAL ASSET TURNOVER, NET PROFIT MARGIN, DAN DEBT TO EQUITY RATIO TERHADAP DIVIDEND PAYOUT RATIO PADA PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Mesrawati Mesrawati; Winda Mariati Sirait; Rospita Sari Br Surbakti; Dominikus Waruwu; Yela Yuliana

doi:10.31955/mea.v5i2.1137

Mesrawati Mesrawati Universitas Prima Indonesia, Medan
Winda Mariati Sirait Universitas Prima Indonesia, Medan
Rospita Sari Br Surbakti Universitas Prima Indonesia, Medan
Dominikus Waruwu Universitas Prima Indonesia, Medan
Yela Yuliana Universitas Prima Indonesia, Medan

DOI: https://doi.org/10.31955/mea.v5i2.1137

Abstract

The purpose of this observation is to determine the impact of sales growth, firm size, net profit margin, total asset turnover, and debt to equity ratio on the dividend payout ratio in property and real estate companies listed on the Indonesian Stock Exchange. Data information is obtained from financial reports listed on the IDX. The sampling method used was purposive sampling. The tests used include the classical assumption test, which is divided into normality test, multicollinearity test, autocorrelation test, and heteroscedasticity test. The adjusted R square value of 0.339 means that 33.9% is influenced by the dividend payout ratio and the remaining 66.1% is influenced by other variables. The output obtained from this test are: (1) Sales growth, firm size, net profit margin, The debt to equity ratio of these four variables has no impact on the dividend payot ratio. (2) total asset turnover has an effect on the dividend payout ratio. And the results of all sales growth variables, firm size, total asset turnover, net profit margin, debt to equity ratio have a simultaneous effect on the dividend payout ratio.

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