Effect of Dividend Policy on Stock Price in LQ45 Companies

Fida Oktafiani, Sukma Irdiana, Irwan Moridu, Fandy Latuni, Revi Sesario

Abstract


The purpose of this study is to analyze effect of dividend policy on stock price in LQ45 companies. This research uses a causal research type with a quantitative approach. The population in this study are LQ45 companies listed on the Indonesia Stock Exchange for the 2017-2021 period as many as 64 companies. Based on the selection of criteria that meet the requirements to be selected as many as 30 companies as a sample. The method of data analysis in this study used simple linear regression analysis. The results of the study show that dividend policy has positive and significant effect on stock price.


Keywords


dividend policy; stock price; Indonesia stock exchange

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References


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Pandiangan, Saut Maruli Tua, Resmawa, Ira Ningrum, Simanjuntak, Owen De Pinto, Sitompul, Pretty Naomi, & Jefri, Riny. (2021). Effect of E-Satisfaction on Repurchase Intention in Shopee User Students. Budapest International Research and Critics Institute-Journal, 4(4), 7785-7791. DOI: https://doi.org/10.33258/birci.v4i4.2697.

Pandiangan, Saut Maruli Tua, Oktafiani, Fida, Panjaitan, Santi Rohdearni, Shifa, Mutiara, & Jefri, Riny. (2022). Analysis of Public Ownership and Management Ownership on the Implementation of the Triple Bottom Line in the Plantation Sector Listed on the Indonesia Stock Exchange. Budapest International Research and Critics Institute-Journal, 5(1), 3489-3497. DOI: https://doi.org/10.33258/birci.v5i1.4016.

Pandiangan, Saut Maruli Tua. (2022). Effect of Packaging Design on Repurchase Intention to the Politeknik IT&B Medan Using E-Commerce Applications. Journal of Production, Operations Management and Economics (JPOME), 2(1), 15–21. http://journal.hmjournals.com/index.php/JPOME/article/view/442.

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DOI: https://doi.org/10.33258/birci.v5i2.4801

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