Pengaruh Collateral Assets, Profitabilitas, dan Investment Opportunity Set terhadap Kebijakan Dividen pada Perusahaan Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia Periode 2019-2022

Abstract

This study aims to determine and analyze the effect of Collateral Assets, Profitability, and Investment Opportunity Set on Dividend Policy in Property and Real Estate Companies Listed on the Indonesia Stock Exchange for the 2019-2022 Period. This research is associative research and the type of data used is secondary data. The population of this study amounted to 92 property and real estate sector companies listed on the Indonesia Stock Exchange for the 2019-2022 period. The number of samples in this study were 11 companies with the sampling technique being purposive sampling. This research data was obtained by downloading financial reports from the company's website and www.idx.co.id. The analysis technique uses multiple linear regression analysis of panel data and is processed with the help of E-views. The results of this study partially show that collateral assets have a positive and significant effect on dividend policy, profitability has a positive and significant effect on dividend policy, investment opportunity set has a negative and significant effect on dividend policy.