The Effect of Dividend Policy on Company Value: Empirical Studies in the Industrial Manufacturing Sector for the 2016-2020 Period

The purpose of this study is to examine the effect of dividend policy on the value of manufacturing companies in the industrial sector listed on the Indonesia Stock Exchange. The sampling technique is purposive sampling technique, and 8 samples were obtained, which were accessed through the official account idx.co.id in the form of annual financial statements. The variables in this study use two variables, namely the dependent variable and the independent variable. The dependent variable (Y) of this study is the value of the company. The independent variable (X) of this study is dividend policy. The research method used is quantitative. For the analysis method, namely using multiple linear regression analysis. As for data processing using the IBM SPSS Statistics 22 program. The results of this study show that dividend policy has a positive effect on the value of manufacturing companies in the industrial sector listed on the Indonesia Stock Exchange for the period 2016-2020.