Pengaruh Leverage, Kepemilikan Manajerial, Profitabilitas, dan Free Cash Flow Terhadap Kebijakan Dividen

Dividend policy is company policy to distribute all profits to shareholders. If the company chooses to distribute profits as dividends, it will reduce the total of internal funds. This study was conducted to examine the effect of Leverage (DER), Management Ownership (MO), Profitability (ROA), and Free Cash Flow (FCF) to the Dividend Payout Ratio (DPR) to the manufacturing in the Stock Exchange Indonesian period 2013-2018. The analytical method used is the method of associative analysis technique used Multiple Linier Regression. The population of this study is manufacturing sector consumer goods industry on the Stock Exchange Indonesian period 2013-2018 as many as 43 companies. T rest results obtained Leverage variable and Free Cash Flow significantly. While the variable is not significant Management Ownership and Profitability variable