This study aims to examine empirically the effect of Managerial Ownership, Institutional Ownership, Debt Policy, Profitability and Size of the Company's dividend policy Against Manufacturing company listed on the Indonesia Stock Exchange. The period used in this study is five (5) years, ie from 2010 to 2014. The sample in this study were obtained by purposive sampling method. Based on the criteria, obtained 97 companies selected as sample. Data analysis technique used is multiple linear regression. Based on the analysis of data, simultaneously Managerial Ownership, Institutional Ownership, Debt Policy, Profitability and Size effect on the Company's Dividend Policy. This is evidenced by the calculated F value of 3.918 at a significance value of 0.003. While the parsialdapat diketahuibahwa variable Institutional Ownership, Profitability and Size does not affect the Company's dividend policy of the company. While variable Managerial Ownership and Debt Policies significant negative effect on dividend policy of the company