%0 Thesis %9 Masters %A Iftaha Nastiya Rizqi, NIM. 17208011014 %B PASCASARJANA %D 2020 %F digilib:45752 %I UIN SUNAN KALIJAGA YOGYAKARTA %K Return on Equity, Firm Size, Institutional Ownership, Dividend Payout Ratio, and Debt to Equity Ratio. %P 125 %T DETERMINANTS OF DIVIDEND PAYOUT RATIO: A RESEARCH OF LISTED COMPANIES IN JAKARTA ISLAMIC INDEX %U https://digilib.uin-suka.ac.id/id/eprint/45752/ %X Investment is a commitment to invest fund in the current time and to obtain higher profit in the future. Investment decisions are made to get a higher return given risk or a lower risk given return; so, investor need knowledge about management of risk and return as the main point in investment. Companies that go public, in general, have been managed professionally so that they can be tailored to the investors needs under applicable regulations. This research aims to investigate the determinants of dividend payout ratio in the listed companies in Jakarta Islamic Index. The research used a quantitative research method to investigate the whole set of variables that can influence dividend payout decisions from the seventeen-listed companies on the Jakarta Islamic Index. The data was then analyzed using a panel-data path analysis. The results suggest that return on equity, firm size and institutional ownership have an impact on the dividend payout ratio both directly and indirectly (i.e., through debt to equity ratio). %Z Dr. MISNEN ARDIANSYAH, S.E., M.Si., Ak., CA., ACPA.