DETERMINAN DIVIDEND PAYOUT RATIO PADA PERUSAHAANPERTAMBANGAN YANG TERDAFTAR DI BEI PERIODE 2008-2012

Abstract

This research is purposed to know the influence return on assets (ROA), debt to equity ratio (DER), return on equity (ROE), firmsize, and managerial ownership on dividend policy. The conclution ofthis research is shown that simultanously return on assets, debt toequity ratio, return on equity, firm size, and managerial ownershipinfluence significantly on dividend payout ratio. The coefficient ofdetermination (R2) in this research was 65.9% dividend payout ratiowas affected by the variable return on assets, debt to equity ratio,return on equity, firm size, and managerial ownership, while theremaining 34.1% was influenced by other variables.Keywords: return on assets (ROA), debt to equity ratio (DER), return on equity (ROE), firm size, managerial ownership,dividend payout ratio (DPR).