The Effect Of Earnings Per Share (EPS) And Dividends Per Share (DPS) On The Stock Prices Of  PT Astra International Tbk

Rosdiana; Alwi; Khairul Amar

doi:10.63922/ijebir.v5i03.3893

Rosdiana Program Studi Manajemen, Sekolah Tinggi Ilmu Ekonomi Bima
Alwi Program Studi Manajemen, Sekolah Tinggi Ilmu Ekonomi Bima
Khairul Amar Program Studi Manajemen, Sekolah Tinggi Ilmu Ekonomi Bima

DOI: https://doi.org/10.63922/ijebir.v5i03.3893

Keywords: Earning per share (EPS), Dividend per share (DPS), Stock Price

Abstract

This study aims to determine the effect of Earning Per Share (EPS) and Dividend Per Share (DPS) on stock prices at PT Astra International Tbk for the period 2015–2024, both partially and simultaneously. This study uses an associative research type with a quantitative approach. The data used are secondary data in the form of financial statements of PT Astra International Tbk for the period 2015–2024 obtained through documentation techniques and literature studies. The research sample uses a purposive sampling method with an observation period of 10 years. The data analysis technique used is multiple linear regression analysis with the help of the SPSS program, which previously carried out classical assumption tests including normality tests, multicollinearity tests, heteroscedasticity tests, and autocorrelation tests. Hypothesis testing is carried out using t-tests (partial), F-tests (simultaneous), as well as correlation coefficient and determination coefficient analysis. Thus, EPS and DPS can be used as fundamental indicators that influence stock prices and become considerations for investors in making investment decisions.

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