Stock return is the rate of return received by investors from share ownership in a company and can be expressed in the form of capital gains or dividends. Information that can be used as a benchmark for stock returns in this study includes the current ratio, debt to equity ratio, return on equity, and dividend payout ratio.
The population chosen for this study are companies listed on the IDX30 index on the Indonesia Stock Exchange during the 2017-2021 period. The sample for this study was obtained through a purposive sampling technique, in which 53 companies in the IDX30 population were taken, and samples that met the criteria resulted in 16 companies. The analytical method used in this study is multiple linear regression analysis.
The results of the study prove partially that the variables current ratio, debt to equity ratio, and return on equity have no effect on stock returns. Meanwhile, the dividend payout ratio variable has a negative and significant effect on stock returns. Simultaneous test results show that the variable current ratio, debt to equity ratio, return on equity, and dividend payout ratio together have a positive and significant effect on stock returns.