PENGARUH DIVIDEND PER SHARE DAN EARNING PER SHARE TERHADAP HARGA SAHAM PADA PERUSAHAAN TOP 50 AMERICAN DEPOSITARY RECEIPT YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The purpose of this study is to examine the effect of dividend per share and earnings per share on stock prices.The population in this study is the top 50 ADR (American Depositary Receipt) companies that listed in Indonesia Stock Exchange / Bursa Efek Indonesia (BEI) period 2013-2015 which have profit and dividend during the study period. The type of this research is quantitative and the method that is used in the selection of this research object is purposive sampling.Data analysis method that is used in this research is multiple linear method that is processed using SPSS by doing classical assumption test first. The result of this research show that partially dividend per share is significant to stock price with significance level of 0.024 and earnings per share significant to stock price with significance equal to 0,008.While the result of adjusted R2 test shows that the predictive ability of 2 independent variables (dividend per share and earnings per share) is 35% and the remaining 65% is influenced by other variables outside of this research.