Pengaruh Laba Bersih dan Arus Kas Operasi terhadap Dividen Kas Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

This research is aim to know and analyzed the influence earnings and cash flow from operations to the cash dividend of the manufacturing companies since 2004 up to 2006. This research is also intended to know which performance measures have the most significant effect to the cash dividend. Data that used in this research is financial statements from each company, publized through website www.idx.co.id. Sampling method that used is purposive sampling and the result are thirty eight firms as sample. This research variables consists of earnings and operating cash flow as independent variables, and also cash dividend as dependent variable. Analysis method that used in this research is kuantitatif method with multiple regression. Software SPSS versi 16 for windows is used to test in this research. This research concludes that both of two independent variables have positive significant influence toward cash dividend in simultan, but in parsial earnings have positive significant toward cash dividend, where as operating cash flow are not influence toward cash dividend. The most significant effect was from earnings regression.