THE EFFECT OF DEBT POLICY AND PROFITABILITY ON DIVIDEND POLICY

Yuyun Anis Setyowati, Anny Widiasmara, Richo Diana Aviyanti

Abstract


This study aims to examine and analyze the influence of debt policy and profitability on the dividend policy of banking companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2024 period. The population used in this study consisted of 47 banking companies. The sample was drawn using a purposive sampling technique, resulting in 43 companies with four years of observation, resulting in 172 data points. However, there were outliers, resulting in 120 observations. This study employed a quantitative method obtained from financial reports accessed through the official website of the Indonesia Stock Exchange. The analysis tool used was SPSS version 25. The results showed that debt policy (X1) had a negative but insignificant effect on dividend policy, and profitability had a positive effect on dividend policy.


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References


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