IDEAS home Printed from https://ideas.repec.org/a/apa/ijbaas/2017p229-238.html
   My bibliography  Save this article

Factors Affecting Dividend Payout Ratio of Food and Beverage Manufacturing Companies in Indonesia

Author

Listed:
  • SURYA NURIANSYAH

    (Student of Master Business Administration, Lambung Mangkurat University, Banjarmasin, Indonesia)

  • ASRID JUNIAR

    (Student of Master Business Administration, Lambung Mangkurat University, Banjarmasin, Indonesia)

  • REDAWATI

    (Student of Master Business Administration, Lambung Mangkurat University, Banjarmasin, Indonesia)

Abstract

Dividend Payout Ratio (DPR) is a parameter to measure the amount of dividend to be distributed to shareholders. This is because investors want to know how much DPR they receive. If they see the revenue earned by them including profitable, then investors will not hesitate to invest their capital in the company. This study aims to determine and analyze the factors affecting the DPR of food and beverage manufacturing companies in Indonesia listed on the Indonesia Stock Exchange from 2010 to 2014. There are 5 (five) independent variables that represent the ratio of published financial performance, which allegedly affect the House of Representatives i.e., Cash Position (CP), Free Cash Flow (FCF), Debt to Equity Ratio (DER), Return on Assets (ROA), and Company Size (CS). Based on the results of the tests conducted can be seen that there are two independent variables namely the ratio of CP and ROA which have a significant effect on DPR, while the other three variables are FCF, DER, and CS have no significant effect on devidend payout ratio.

Suggested Citation

  • Surya Nuriansyah & Asrid Juniar & Redawati, 2017. "Factors Affecting Dividend Payout Ratio of Food and Beverage Manufacturing Companies in Indonesia," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 3(6), pages 229-238.
    • Handle: RePEc:apa:ijbaas:2017:p:229-238
    DOI: 10.20469/ijbas.3.10004-6
    as

    Download full text from publisher

    File URL: https://kkgpublications.com/business-v3-i6-article-4/
    Download Restriction: no
    File URL: https://kkgpublications.com/wp-content/uploads/2018/09/IJBAS.3.10004.6.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.20469/ijbas.3.10004-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Risal & Kristiawati Endang, 2017. "The effect of investment decision financing decision dividend payment policy and company size," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 3(2), pages 105-113.
    2. Ai-Chi Hsu & Fiesty Utami, 2016. "Central Bank Intervention and Stock Market Response," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 2(5), pages 151-161.
    3. Atallah Ahmad Hosban, 2016. "Accounting Disclosure for Stock Goods and Industrial Companies IAS 2–An Analytical Study of Industrial Companies Listed on the Amman Stock Exchange," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 2(2), pages 24-28.
    4. Haroon Hussain & Rohani Md-Rus & Hamdan Amer Ali Al-Jaifi, 2017. "Board Size and Dividend Policy: A Review," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 3(5), pages 197-201.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Akhmadi & Siti Epa Hardiyanti, 2020. "How to Attract Attention of Investors Through Dividend Policy on the Consumer Goods Industries?," International Journal of Business and Economic Affairs (IJBEA), Sana N. Maswadeh, vol. 5(1), pages 23-29.
    2. Sepvina Mutikasari, 2019. "Analysis of how agile manufacturing capabilities could be used differently in plants within the footloose and rooted subnetworks of the global production network," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 5(5), pages 269-280.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Haroon Hussain & Rohani Md-Rus & Hamdan Amer Ali Al-Jaifi, 2017. "Board Size and Dividend Policy: A Review," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 3(5), pages 197-201.
    2. Cholifah Bahri & Mahsina S. E & Asmie Poniwati, 2017. "The influence of undervaluation, free cash flow, leverage and dispersion of ownerships toward company’s stock repurchase (An empirical study of Indonesia stock exchange public listed companies)," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 3(5), pages 235-247.
    3. Yehezkiel Cahya Putra & Mokh Suef, 2018. "The Improvement of Overhaul Desalination Plant Pltgu Duration in Pt.Pjb up Gresik Using Approach of Lean-Six Sigma Method," International Journal of Business and Economic Affairs (IJBEA), Sana N. Maswadeh, vol. 3(5), pages 207-216.
    4. Aris Sarjito, 2019. "Analysis of fishing vessel safety policy in Lamongan Indonesia," Journal of Advances in Humanities and Social Sciences, Dr. Yi-Hsing Hsieh, vol. 5(2), pages 66-75.
    5. Kristoffel C. Pandiangan & Palti Maruli Tua Sitorus, 2017. "Analysis of Queue System to Improve the Quality of Service in GraPARI Telkomsel Banda Aceh," International Journal of Business and Economic Affairs (IJBEA), Sana N. Maswadeh, vol. 2(4), pages 220-226.
    6. Mutaju Marobhe, 2019. "The Nexus between Dividend Policy and Financial Gearing of Listed Non Financial Companies in Tanzania," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 5(5), pages 294-302.
    7. Yan Nasution, & Citra Sukmadilaga, 2019. "The effect of solvency, activity and implementation of good corporate governance on profitability," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 5(1), pages 01-12.
    8. Merlin A. Marfa & Jasmin D. Niguidula & Jennifer B. Enriquez, 2017. "Business Analytics in Performance Assessment of Food Manufacturing System," International Journal of Business and Economic Affairs (IJBEA), Sana N. Maswadeh, vol. 2(2), pages 159-164.
    9. Kittikhun Taechaubol, 2017. "Investor types and trading of the environment, social and governance stocks in the stock exchange of Thailand," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 3(1), pages 38-48.
    10. Charlyna S. Purba & Yenny A.S, 2017. "The urgency of local act draft on corporate social responsibility (CSR) in Way Kanan," Journal of Advances in Humanities and Social Sciences, Dr. Yi-Hsing Hsieh, vol. 3(2), pages 69-81.
    11. Fouzan Al Qaisi, 2019. "The Relationship Between Cash Flow and Profitability of Insurance Companies listed in Amman Stock Exchange in Jordan," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(1), pages 51-60, 01-2019.
    12. Zunairoh & Fatkhurrohman, 2019. "Liquidity, leverage, and cash holding: Evidence from Indonesia listed real estate firms," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 5(2), pages 79-87.
    13. Hira Irshad & Hasniza Mohd Taib, 2017. "Calendar anomalies: Review of literature," Journal of Advances in Humanities and Social Sciences, Dr. Yi-Hsing Hsieh, vol. 3(6), pages 303-310.
    14. Beesley Revol, 2018. "Fiscal Policy is Simply Instrument that Bring Money for Developing in Country," International Journal of Business and Economic Affairs (IJBEA), Sana N. Maswadeh, vol. 3(3), pages 101-113.
    15. Masithembe Kafile & Stanley Fore, 2018. "Effects of Procurement Processes on Project Execution in A Project Management Company in Cape Town, South Africa," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 4(4), pages 176-186.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:apa:ijbaas:2017:p:229-238. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Professor Dr. Bahaudin G. Mujtaba (email available below). General contact details of provider: https://kkgpublications.com/business/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.