Daftar Isi: PERBANDINGAN TINGKAT RETURN DAN VOLUME PERDAGANGAN SAHAM SEBELUM DAN SESUDAH PENGUMUMAN DIVIDEN (Perusahaan Perbankan Dan Keuangan Yang Listing Di Bursa Efek Indonesia)

Daftar Isi:

This study is an event study that intends to understand the comparison of the rate of return and the trade volume activity of stock before and after the dividend’s announcement on Financial and Banking Companies that have been listing at Indonesian Stock Exchange (IDX). The sample method uses purposive sampling method. From sixty nine companies of The Financial and Banking that have been listing on Indonesian Stock Exchange (IDX), only nineteen companies are selected that fit with the criteria of samples. the data that used in this study is secondary data with the documentation of the data collection technique and the data analysis technique uses the t-test with paired samples t-test as a test of the hypothesis. Based on the analysis of data that has been described from the hypothesis test can be concluded that there is a difference between the rate of return of stocks before and after the dividend’s announcement on the research of daily return for 3 years. It is proved on first day the market began to react to the announcement of dividend information. While the volume activity of stocks There are no difference before and after the daily of dividend’s announcement for 3 years. It indicates that during the dividend’s announcement, the rate of the volume activity of stocks before and after does not change.