The Influence Of Financial Ratio and Dividend Policy On Profit Growth In Consumer Goods Industry Sector Companies Listed on the Indonesia Stock Exchange 2016-2020

Tasha Pradipta Bolga Nasution, Ade Banani, Intan Shaferi


This study aims to determine the relationship of financial ratio and dividend policy consisting of current ratio, debt to equity ratio, total assets turnover, net profit margin, dividend payout ratio, sales growth, and firm size on profit growth in consumer goods industry sector companies listed on IDX 2016-2020. The research method used is a quantitative research method with purposive sampling technique with samples obtained as many as 10 companies and use analysis panel data regression.

Based on the research results, current ratio has a negative effect on profit growth. net profit margin has a positive effect on profit growth. dividend payout ratio has a positive effect on profit growth. sales growth has a positive effect on profit growth. debt to equity ratio, total assets turnover, and firm size has no effect on profit growth. 

Keywords:Profit Growth, Profitability, Liquidity, Leverage, Activity, Dividend Policy, Sales Growth, Firm Size.

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