ABSTRAK
Penelitian
ini bertujuan untuk menganalisis pengaruh ex-dividen
date terhadap perubahan harga saham di Bursa
Efek Jakarta.
Periode penelitian selama 30 hari, yaitu 15 hari sebelum dan 15 hari sesudah ex-dividend date yang
dianalisa dengan menggunakan metode event
study melalui aplikasi uji beda dua rata-rata
berpasangan. Hasil penelitian menunjukkan bahwa nilai rata-rata harga saham sebelum
ex-dividend date dan
nilai rata-rata harga saham sesudah ex-dividend
date secara statistic berbeda signifikan.
Hal ini mengindikasikan, bahwa terjadi pergerakan harga saham yang signifikan selama
antara dua periode observasi tersebut akibat pengumuman pembagian dividen. Lebih
lanjut, besarnya perubahan harga saham tersebut secara statistik tidak berbeda
dengan nilai dividen per lembar saham yang dibagikan.
Kata kunci: dividen, ex-dividend date, harga saham.
ABSTRACT
This research is aimed to examine the influence of
ex-dividend date on stock price movements in the Jakarta Stock Exchange. A 30-days of observation, divided
into a 15-days period before and a 15-days period after the ex-dividend date,
is analized by using an event study method applying the Paired Sample T-test.The
result shows that the average price of stocks before the ex-dividend date are
significantly different with those after the ex-dividend date. It indicates
that there is a significant movement in the stocks’ prices between the both
periods of observation due to dividend announcement. Far more than that, the
research also reveals that the amount of the stocks’ price alteration is
statistically the same as the amount of their dividend per share.
Terimakasih Infonya
BalasHapussangat bermanfaat..
Perkenalkan saya mahasiswa Fakultas Ekonomi di UII Yogyakarta
:)
twitter : @profiluii
kunjungan baliknya ya :)