This research aims to determine the influence of EPS and DPS on the share price of PT Adaro Energy, Tbk for the period 2013 - 2022, partially or simultaneously. The sample selection was carried out using a purposive method, namely companies that distributed dividends for 10 consecutive years for the period 2013 - 2022, so that the financial reports of PT Adaro Energy, Tbk were obtained. The analytical method used in this research is multiple linear regression analysis, Adjusted R2, t test and f test with the SPPS Version 27 application. Research shows that several Earning Per Shares have a calculation of -1.610 (<2.36462) with a probability value of 0.151 so that the variable EPS does not have a significant influence on share prices. DPS has a calculation of 3.227 (<2.36462) with a probability value of 0.015 so that partially Dividend Per Share has a significant negative influence on share prices. Meanwhile, Earning Per Share and Dividends Per Share have a calculated total of 9,959 (>4.46) with a probability value of 0.010, which means that together Earning Per Share and Dividends Per Share have a significant effect on share prices
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Suraya et al. (2024) studied this question.
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