Pengaruh Leverage dan Profitabilitas Terhadap Kebijakan Dividen (Studi Empiris pada Perusahaan yang Terdaftar LQ45 BEI Periode 2015-2017)

AbstractThe purposes of this study are: 1) to analyze the influences of Debt to Equity Ratio (DER) to Dividend Payout Ratio. 2) to analyze the influences of Return on Assets (ROA) to Dividend Payout Ratio (DPR). 3) to analyze the influences Return On Equity (ROE) to Dividend Payout Ratio (DPR).Population of this study is a company that is registered LQ 45 of periode 2015-2017. This study uses purposive sampling method. There are 28 companies for the sample. The result of this study gained by classic assumption test, multiple linier regression, and hypothesis test. The result of this study is that the Debt to Equity Ratio (DER) variable has negative influences to Dividend Payout Ratio (DPR). On the other hand, ROE has positive influences to Dividend Payout Ratio (DPR). Kata Kunci: Debt to Equity Ratio (DER), Return On Assets (ROA), Return On Equity (ROE) dan Dividend Payout Ratio (DPR)