This purpose of this research is to prove the influence of liquidity on dividend policy at manufacturing company sector consumer goods sub sector food and beverage listed on the Indonesian Stock Exchange in 20102014. Liquidity was measured by current ratio (CR), and dividend policy was measured by dividend payout ratio (DPR). The research method used is descriptive verificatif. The sampling technique used purposive sampling, and acquired 10 companies as the samples. The data collection technique is by documentation study. Statistical analysis used is simple regression for polled data with fixed effect model, regression significance test (F-test), and regression coefficient significance test (t-test).The result of the test shows that liquidity have positif significant influence on dividend policy. It’s means that up or down the dividend policy can in fluenced by liquidity.
Keywords : Dividend policy, Liquidity.