Abstract:
Dividend payout ratio is the percentage from dividend per share over earning per share. There are several factors affected dividend payout ratio. The objective of this research is to investigate the influence of cash ratio, sales growth, and managerial ownership toward dividend payout ratio in manufacturing companies listed in Indonesia Stock Exchange period 2012-2016
The samples used in this research are 13 companies, the data taken for 5 years. The researcher used multiple linear regregssion for analyzing the data. The result shows cash ratio showed non-significant influence, while sales growth and managerial ownership showed significant influence. Simultaneously cash ratio, sales growth, and managerial ownership significantly influence dividend payout ratio.
