Pengaruh Struktur Modal Terhadap Kebijakan Dividen (Studi Pada Perusahaan Manufaktur Sektor Industri Dasar & Kimia Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2015)

This study goals is to identify and explain the capital structure's impact towards dividend policy. This study used manufacturing corporation, base and chemical industry sector that listed on Indonesian Stock Exchange 2013-2015 period amounted 65 corporation as the population and through purposive sampling 17 corporation obtained as the specimen. The result of this study are leverage has an impact that significant to dividend policy. Debt Ratio has an impact that significan to Dividend Payout Ratio in positive way. Debt to Equity Ratio has an impact that significan to Dividend Payout Ratio in negative way. Long Term Debt to Total Asset has an impact that significan to Dividend Payout Ratio in negative way. Debt Ratio, Debt to Equity Ratio, and Long Term Debt to Total Asset has no significant impact to Dividend Yield