Pengaruh Profitabilitas, Likuiditas, dan Ukuran Perusahaan terhadap Kebijakan Dividen Perusahaan Ritel BEI Periode 2021-2025
The Effect of Profitability, Liquidity, and Firm Size on Dividend Policy: A Study of Retail Companies Listed on the IDX (2021–2025)
DOI:
https://doi.org/10.24260/jkubs.v5i2.6975Keywords:
profitability, liquidity, firm size, dividend policy, retail companiesAbstract
Purpose: to analyze the effect of profitability, liquidity, and firm size on dividend policy in retail companies listed on the Indonesia Stock Exchange during 2021–2025.
Design/methodology/approach: quantitative research with an associative approach using secondary data, purposive sampling of 6 companies, and 30 observations. The analysis used descriptive statistics, classical assumption tests, multiple linear regression, t-test, F-test, and coefficient of determination.
Research Findings: profitability had no significant effect (0.188), liquidity had a positive and significant effect (0.044), firm size had no significant effect (0.711), while the three variables simultaneously had a significant effect (0.038). The R² value was 0.272.
Contribution/Originality/Novelty: provides empirical evidence on dividend policy determinants in Indonesian retail companies during the 2021–2025 period.
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