PENGARUH KINERJA KEUANGAN DAN KEBIJAKAN DIVIDEN TERHADAP HARGA SAHAM PERUSAHAAN FOOD AND BEVERAGE DI INDONESIA

Food and beverages (FnB) as primary needs are the reasons underlying the stability of companies in the food and beverage subsector, with high levels of demand. These two factors make the FnB industry appear attractive and promising. With many FnB companies offering their shares, analysis and caution are required when making investment decisions. There are many elements that potential shareholders can consider when making investment choices. Some of them include paying attention to the company's financial ratios and dividend strategies, which can affect stock prices. Examining financial ratios is one method to determine this. The aim of this study is to find out how stock prices are affected by the Price to Earnings Ratio (PER), Dividend Payment Ratio (DPR), Return on Assets (ROA), and Return on Equity (ROE). This research was conducted on food and beverage subsector companies listed on the Indonesia Stock Exchange (IDX) between 2018 and 2022. Multiple linear regression was used to test the hypotheses in this review. According to the findings, stock prices are influenced by ROE and PER, but not by ROA or DPR.