Indonesia Conference Directory

This study aims to determine the factors that influence dividend payment policy. The review uses data from all companies listed on the Indonesia Stock Exchange for five years and dividends for a minimum of 3 periods. This Research used panel data. The results showed that foreign ownership had a positive effect on dividend payment policy, domestic property, independent commissioners, and company growth harmed dividend payments. Meanwhile, the variable board size, profitability, firm age, debt policy, and firm size do not affect dividends.