Stock Returns Analysis with Dividend Policy as an Intervening Variable in IDX30 Index Companies on the Indonesia Stock Exchange
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 11
Abstract
Stock Return is the profit the investor obtains for investing in a company. Shareholders or investors in their investments can get a return offered by a stock in the form of capital gains (the difference between the selling value and the purchase value) and dividends. This study aimed to determine whether the influence of the Leverage Ratio and Market Ratio can contribute to Stock Returns with Dividend Policy as an intervening variable in IDX30 Index Companies listed on the Indonesia Stock Exchange. The population in this study were all IDX30 Index companies listed on the Indonesia Stock Exchange. The sample selection in this study used Probability Sampling, namely the purposive sampling method. The samples in the study amounted to 15 companies based on specific criteria for 2019-2022. The type of data in this study uses quantitative data. Data analysis technology in this study uses path analysis. The results showed that Leverage can contribute to increasing Stock Return, Market Ratio can contribute to increasing Stock Return, Leverage can contribute to increasing Stock Return through Dividend Policy, and Market Ratio can contribute to increasing Stock Return through Dividend Policy.
Authors and Affiliations
Muhammad Syahrul Kirom, Dhani Ichsanuddin Nur
Keywords
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- EP ID EP729616
- DOI 10.47191/jefms/v6-i11-50
- Views 59
- Downloads 0
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