Open AccessPENGARUH KEBIJAKAN DIVIDEN TERHADAP HARGA SAHAM
Author(s) -
Muhammad Ali Fikri Hakami
Publication year - 2018
Publication title -
manajemen bisnis
Language(s) - English
Resource type - Journals
eISSN - 2655-2523
pISSN - 2089-0176
DOI - 10.22219/jmb.v4i1.5283
Subject(s) - dividend policy , stock price , dividend , stock (firearms) , stock exchange , cost price , economics , dividend yield , financial economics , monetary economics , business , econometrics , financial system , finance , series (stratigraphy) , engineering , biology , mechanical engineering , paleontology
The research aim is to analyze the effect of dividend policy on company’s stock price. The analysis used Distributed-Lag Regression with Alt and Timbergen Method. The result shows that devident policy has lower contribution on stock price. Dividend on the t-2 period has a significant influence on the stock’s price, but on the t-1 period, and t-3 there were no significant effect. The finding indicates that dividend policy has a significant effet on stock price. it means the more dividend increase, stock’s price will increase high. Keyword: Dividend Policy, Stock Price, Timbergen Method.