Pengaruh Profitabilitas, Likuiditas, Solvabilitas, dan Pertumbuhan Dividen Terhadap Harga Saham pada Industri Perbankan yang Terdaftar di BEI Periode 2019-2023

Abstract

The purpose of this study is to analyze the effect of profitability, liquidity, solvency, and dividend growth on stock prices in the banking industry listed on the Indonesia Stock Exchange (IDX) during the 2019-2023 period. The Independent Variables in this study are profitability interpreted as Return on Equity (ROE), liquidity interpreted as Loan to Deposit Ratio (LDR), Solvency interpreted as Debt to Equity Ratio (DER), and dividend growth while the dependent variable is stock prices. The research sample consisted of 11 banking companies that consistently distributed dividends during the 2019-2023 period. The data collection method used the documentation study method and the research data was secondary data. This study uses a quantitative method with multiple linear regression analysis of panel data. The results of the study prove that Profitability has a positive and significant effect on stock prices, Liquidity has a negative and insignificant effect on stock prices, Solvency has a negative and insignificant effect on stock prices, and Dividend Growth has a positive and insignificant effect on stock prices.