Pengaruh Keputusan Pendanaan, Tingkat Profitabilitas, dan Kebijakan Dividen Terhadap Return Saham Perusahaan Sektor Utilitas, Insfrastruktur, dan Transportasi.

Abstract

Stock return is one of the triggers in the investment process, stock returns are often used as a measurement tool by investors in making comparisons of investment alternatives, this can help investors to know the company's success before investing. The purpose of this research is to examine and analyze empirically the effect of Debt to Equity Ratio, Return On Assets, Dividend Payout Ratio on stock returns. The research data were taken from companies listed on the Indonesia Stock Exchange in the period 2015 to 2020. The sample collection technique used the purposive sampling method, where there were only 9 companies that met the criteria and were analyzed using the classical assumption test and multiple linear regression analysis techniques with the help of software SPSS 2. Based on the results of the classical assumption test and the feasibility test of the resulting regression model is feasible and can be used for further analysis. The results show that Return On Assets has a positive and significant effect while Debt to Equity Ratio, and Dividend Payout Ratio has no effect on stock returns.