Abstract:
This study aims to find out the factors that influence dividend policy on sharia stocks and the influence of capital structure decisions. Previous research examined the influence of capital structure on dividend policy on stock exchanges within the scope of state or and sectoral stock exchanges and the researcher's curiosity about the factors that affect sharia stock exchanges in Indonesia. The independent variables used in this study are Leverage, Tangibility, Cash Flow, and Growth as partial factors in dividend payout ratio. The population of this study is shariah shares (ISSI) incorporated in LQ 45 in the period 2014-2019. The data used is secondary data in the form of financial statements. The calculation uses statistical calculation. The results revealed that Tangibility has a significant influence on dividend payout.