PENGARUH LABA AKUNTANSI, EARNING PER SHARE (EPS) DAN LABA TUNAI TERHADAP DIVIDEN KAS (STUDI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA)

Abstract

The manufacture dividend’s policy is very important for the investors. Those because the company’s
profits will be used more to pay dividend than retained earnings or vice versa. In case
of dividend’s policy, the most concerned factor by management is the amount of profit that earns
by the company, such as accounting earnings, Earning Per Share (EPS), and cash income.
This study aimed to know the effect of accounting earnings, earning per share (EPS), and cash
income to cash dividend in Indonesia Stock Exchange (BEI). Sample selected using Purposive
Sampling Method, with total sample 37 companies that registered in Indonesia Stock Exchange
on period year 2014 to 2016. Multiple linear regression analysis used to test the hypothesis.
The results show that accounting earnings and earning per share (EPS) have no effect to cash
dividend, but cash income have positive determination to cash dividend in manufacture companies
that registered in Indonesia Stock Exchange (BEI) year period 2014 – 2016.