Dividend policy of the Jakarta Stock Exchange listed manufacturing company and the underlying factors

<p>The purpose of this study is to analyze whether profitability, liquidity, leverage and firm size affect dividend policy. Dividend provides riskless revenue for shareholders though according the theory, dividend, irrelevant value. policy measured by dummy variable, underlying factors including profitability which using return on asset be measured, liquidity that current ratio, total debt ratio while log natural used as measurement size. Data collection purposive sampling with sample 61 companies from manufacturing sector listed Indonesia Stock. This binary logistic regression 299 The outcome present significantly associated yet have no correlated company.</p>