The Effect of Liquidity, Investment Opportunity Set, Free Cash Flow, and State-Owned Enterprise on the Dividend Policy of Bank Listed in the Indonesia Stock Exchange

The purpose of this study is to know the effect liquidity, investment opportunity set, free cash flow, and state-owned enterprise on dividend policy bank companies listed Indonesia Stock Exchange (IDX) in 2011-2021. This uses a purposive sampling technique determine research sample. number selected by predetermined sample criteria 8 from 46 IDX sector. In study, an analytical test was conducted using descriptive statistics, classical assumption test, multiple linear regression t-test, F-test. result showed that flow gives positive significant influence policy, while dividends banks are fewer than private banks. While liquidity sets don't significantly policy.