Financial Performance Analysis of Dividends on the LQ45 Index

Dividend policy is a company's decision to distribute profits between shareholders and the company itself. This study aims to evaluate the influence of factors that determine dividend policy. The independent variables in this study include profitability, leverage, firm size, liquidity, firm age...

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Main Authors: Muhamad Azril Maulana, Muhamad Davala Hadi Pratama, Arie Muhamad Akram, Reihan Yusuf Giovansyah, Farah Margaretha Leon
Format: Article
Language:English
Published: Universitas Proklamasi 45 Yogyakarta 2024-12-01
Series:Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship
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Online Access:https://ejournal.up45.ac.id/index.php/maksipreneur/article/view/1725
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author Muhamad Azril Maulana
Muhamad Davala Hadi Pratama
Arie Muhamad Akram
Reihan Yusuf Giovansyah
Farah Margaretha Leon
author_facet Muhamad Azril Maulana
Muhamad Davala Hadi Pratama
Arie Muhamad Akram
Reihan Yusuf Giovansyah
Farah Margaretha Leon
author_sort Muhamad Azril Maulana
collection DOAJ
description Dividend policy is a company's decision to distribute profits between shareholders and the company itself. This study aims to evaluate the influence of factors that determine dividend policy. The independent variables in this study include profitability, leverage, firm size, liquidity, firm age, corporate taxes, and growth opportunities, while the dependent variable is the managed dividend policy. Processed using table data. The limitation of the problem in this study is that by LQ45 index, we mean companies listed on the LQ45 index in the period 2022  and distributing dividends in the five year (2018-2022). The goal of the research is to see the influence of factors that determine dividend policy. The results of the conducted research show that liquidity and age of the company do not affect dividends. Profitability and debt have a significant negative impact on dividend policy. The size of the company, growth opportunities, and corporate tax then have a significant positive impact on dividends. The significance of the conducted research is to guide bank managers in re-evaluating the level of profitability and leverage used, as well as paying attention to the management of growth opportunities, tax, and regulatory aspects. Company's scale provide higher dividends.
format Article
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institution DOAJ
issn 2089-550X
2527-6638
language English
publishDate 2024-12-01
publisher Universitas Proklamasi 45 Yogyakarta
record_format Article
series Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship
spelling doaj-art-876b4d178ba2488daeba12159e33d95d2025-08-20T03:20:51ZengUniversitas Proklamasi 45 YogyakartaJurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship2089-550X2527-66382024-12-0114131733310.30588/jmp.v14i1.17251560Financial Performance Analysis of Dividends on the LQ45 IndexMuhamad Azril Maulana0Muhamad Davala Hadi Pratama1Arie Muhamad Akram2Reihan Yusuf Giovansyah3Farah Margaretha Leon4Universitas TrisaktiUniversitas TrisaktiUniversitas TrisaktiUniversitas TrisaktiUniversitas TrisaktiDividend policy is a company's decision to distribute profits between shareholders and the company itself. This study aims to evaluate the influence of factors that determine dividend policy. The independent variables in this study include profitability, leverage, firm size, liquidity, firm age, corporate taxes, and growth opportunities, while the dependent variable is the managed dividend policy. Processed using table data. The limitation of the problem in this study is that by LQ45 index, we mean companies listed on the LQ45 index in the period 2022  and distributing dividends in the five year (2018-2022). The goal of the research is to see the influence of factors that determine dividend policy. The results of the conducted research show that liquidity and age of the company do not affect dividends. Profitability and debt have a significant negative impact on dividend policy. The size of the company, growth opportunities, and corporate tax then have a significant positive impact on dividends. The significance of the conducted research is to guide bank managers in re-evaluating the level of profitability and leverage used, as well as paying attention to the management of growth opportunities, tax, and regulatory aspects. Company's scale provide higher dividends.https://ejournal.up45.ac.id/index.php/maksipreneur/article/view/1725company sizecorporate taxdividend policyleverageand profitability.
spellingShingle Muhamad Azril Maulana
Muhamad Davala Hadi Pratama
Arie Muhamad Akram
Reihan Yusuf Giovansyah
Farah Margaretha Leon
Financial Performance Analysis of Dividends on the LQ45 Index
Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship
company size
corporate tax
dividend policy
leverage
and profitability.
title Financial Performance Analysis of Dividends on the LQ45 Index
title_full Financial Performance Analysis of Dividends on the LQ45 Index
title_fullStr Financial Performance Analysis of Dividends on the LQ45 Index
title_full_unstemmed Financial Performance Analysis of Dividends on the LQ45 Index
title_short Financial Performance Analysis of Dividends on the LQ45 Index
title_sort financial performance analysis of dividends on the lq45 index
topic company size
corporate tax
dividend policy
leverage
and profitability.
url https://ejournal.up45.ac.id/index.php/maksipreneur/article/view/1725
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