Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange

The purpose of this study is to examine how profitability, leverage, and company size affect dividend policy in LQ 45 firms that are listed on the BEI. The population that is the focus of the research this is an LQ 45 company listed on BEI during period 2019-2023. In the research, sample used consis...

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Bibliographic Details
Main Authors: Inna Nur Hasanah, Dian Anita Sari
Format: Article
Language:English
Published: Fakultas Ekonomi dan Bisnis 2025-04-01
Series:Dialektika: Jurnal Ekonomi dan Ilmu Sosial
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Online Access:https://ejournal.uniramalang.ac.id/dialektika/article/view/6209/4106
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Summary:The purpose of this study is to examine how profitability, leverage, and company size affect dividend policy in LQ 45 firms that are listed on the BEI. The population that is the focus of the research this is an LQ 45 company listed on BEI during period 2019-2023. In the research, sample used consisted of 21 company LQ 45. The sampling method applied is purposive sampling. Meanwhile, for data analysis, regression techniques were used multiple linear. The study's findings indicate that, for LQ 45 companies listed on the BEI, size has a major positive impact on dividend policy, profitability has a negligible negative impact, and leverage has a negligible negative impact. Adjusted R Value 2 which obtained at 0.142 indicating that there is 14.2% variation in dividend policy on LQ 45 companies listed on the BEI can be explained by the three independent variables, namely profitability, leverage and size company. Meanwhile, the remaining 85.8% is explained by other variables which were not analyzed in this study.
ISSN:2502-4094
2598-781X