ABSTRACT
    The purpose of this study was to determine the effect of Earning per Share (EPS). Return on Equity (ROE) and Debt to Equity Ratio (DER) to Stock Return with Dividend Policy as an intervening variable, in the Consumer Goods Industry sector companies listed on the Stock Exchange in the 2014-2018 period.
This research is the Manufacturing Industry Sector Consumer Goods listed on the Indonesia Stock Exchange in the period 2014-2018. The sample of this study was taken by purposive sampling technique obtained by 20 companies. The independent variables used are Earning per Share (EPS), Return on Equity (ROE) and Debt to Equity Ratio (DER), the dependent variable used is Stock Return. In this study using intervening variables namely Divideb Policy through Dividend Payout Ratio (DPR).
    The results of this study indicate that EPS and DER have a significant positive effect on DPR, ROE has no significant negative effect on DPR, EPS and ROE have insignificant negative effect on Stock Return, DER has insignificant positive effect on Stock Return and DPR has a significant negative effect on Stock Return .
    Dividend Payout Ratio (DPR) is not able to be an intervening variable of the EPS, ROE and DER variables on Sahan Returns in the Consumer Goods Industry sector companies listed on the Indonesia Stock Exchange in the 2014-2018 period. This is proven by the research of the sobel test.