Daftar Isi:
  • The purpose of this research is to examine the influence of collateralizable assets, free cash flow, investment opportunity set, leverage, and profitability to the dividend policy. The sample collections technique has been done by using purposive sampling and 156 companies which meet the criteria of the company infrastructure, utilites, and trasnportation were listed on the Indonesia Stock Exchange in 2012-2016 periods have been selected as samples. The population in this research is the company infrastructure, utilities, and transportation were listed on the Indonesian Stock Exchange in 2012-2016 periods. The source of data of this research has been obtained from the Indonesia Stock Exchange (IDX), and www.idx.co.id. The hypothesis test has been done by using the multiple regressions equation analysis technique. The results of this study show that collateralizable assets has negative and significant influence to the dividend policy, free cash flow does not have any significant influence to the dividend policy, investment opportunity set does not have any significant influence to the dividend policy, investment opportunity set does not have any significant influence to the dividend policy, leverage does not have any significant influence to the dividend policy, and profitability does not have any significant influence to the dividend policy. Keywords: Collateralizable Assets, Free Cash Flow, Investment Opportunity Set, Leverage, Profitability, and Dividend Policy