Abstract :
This study refers to the mining sector, which in this year's mining sector decline,
after experiencing a golden period during 2007 and early 2008, near the close of the
performance of the two sectors are beginning to fall. Shares of the mining sector is still
considered prospective. Performance of the mining issuer's expected re-shot some of the
decline of mining issuers in the third quarter of 2010 was due to the strengthening of the
rupiah exchange rate and the disruption of business climate in Indonesia, a number of the
issuer's performance degradation due to the strengthening of the rupiah exchange rate
that makes the value of their exports in dollars declined, in addition to interest charges
debt.
The sample in this study were 8 companies that mine for 4 years 2007-2010
some 32 financial statements. Sampling technique used was purposive sampling is based
on the sampling considerations or specific criteria. The data used were secondary data is
data in the form of company documentation submitted to the Indonesia Stock Exchange.
While the analysis used were multiple linear regression analysis.
Based on the data in the form of company documentation submitted to the Indonesia Stock Exchange of research that has found that: (1) level of profitability has an
inversely proportional relationship with dividend policy. (2) variables affect the current
ratio, dividend payout ratio, the greater (better) level of dividend payout ratio of the
company. (3) the level of leverage that mining companies going public on the Stock
Exchange does not affect the dividend payout ratio.