The dividend distribution policy is based on the Articles of Association and decided through the General Meeting of Shareholders (GMS)

The dividend amount to be paid is at least 35% of net profit with due consideration of several factors. The factors that are considered in determining the dividend payout are, but not limited to, the following:

  • Fairness of the dividend payment;
  • Consideration of the Company’s interest;
  • Retained earnings and positive financial position;
  • Liquidity condition of the Company;
  • Future business prospect (including capital expenditure and acquisition);
  • Cash requirement;
  • Business opportunities; and
  • Other factors considered relevant.

Chronology of Dividend Distribution

The chronology of the distribution of the Company's dividends is as follows:

DescriptionFiscal Year 2023Fiscal Year 2022Fiscal Year 2021
Dividends Distributed (billion Rupiah)N/A*1.000200
Dividend per Share (Full Rupiah)75.115.0
   Interim Dividends  
     Cum Dividends for Trading in:  
        Regular and Negotiated Markets13 December 2022-
       Cash Market15 December 2022-
   Interim Dividend Payment Date3 January 2023-
  Cash Dividends  
     Cum Dividends for Trading in:  
        Regular and Negotiated Markets-14 June 2022
        Cash Market-16 June 2022
   Cash Dividend Payment Date-28 June 2022
Dividend Payout Ratio (%)21.018.6

*Not Available