PENGARUH LABA BERSIH DAN ARUS KAS OPERASI TERHADAP KEBIJAKAN DIVIDEN PADA BANK BUMN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2011-2020

Abstract

The purposes of this study are (1) to test how much influence net income and operating cash flow have on dividend policy at state-owned banks listed on the Indonesia Stock Exchange in 2011-2020 (2) to test how much influence net income has on dividend policy at listed state-owned banks on the IDX in 2011-2020 (3) To test how much influence operating cash flows have on dividend policy in state-owned banks listed on the IDX in 2011-2020. The independent variables in this study are net income and operating cash flow, while the dependent variable is dividend policy. The population in this study are 4 state-owned banks listed on the Indonesia Stock Exchange in 2011-2020. Sampling used the saturated sample method, where all members of the population were used as samples. This study uses a quantitative approach. This study uses secondary data in the form of financial statements obtained from the Indonesia Stock Exchange. Data were analyzed using multiple linear regression analysis with SPSS version 23 software. The conclusions of this study are (1) net income and operating cash flow simultaneously have a significant effect on dividend policy at state-owned banks listed on the Indonesia Stock Exchange. (2) net income partially has a significant effect on dividend policy in state-owned banks listed on the Indonesia Stock Exchange. (3) operating cash flow partially has a significant effect on dividend policy in state-owned banks listed on the Indonesia Stock Exchange.