. The aim of this study is to analyze the effect of ownership structure and cashflow to the non-financial firms' dividend payout ratio listed in Indonesian StockExchange (IDX). The samples of this study are 63 firms over the period 2009 – 2013.This study conducted in panel regression analysis using the random effect modelapproach. The result of regression found that largest shareholder and governmentownership give a positive effect to the payment of dividend. While institutionalownership and operating cash flow give a negative impact to the payment of dividend.