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Dividend Policy

Starting November 2021, the management decided that the Dividend payout ratio of a minimum of 50% of net income annually, unless the AGMS states otherwise depending on various considerations.

Since August 2022, the Company's approach is a full-year dividend payment cycle due to the complexities of managing its equity position.

The Board of Commissioners' decision to declare a dividend is based on several factors, including the amount of the Company's net profits, equity, the availability of reserves, contractual restrictions, working capital requirements and capital expenditure requirements for the period concerned, and the Company's prospects.

Dividend Payments

Fiscal YearTypeDividend per share (in Rp)Ex-DividendRecording DatePayment Date
2022Final Cash Dividend525.0006 April 202311 April 202317 April 2023
2021Final Cash Dividend250.0014 April 202218 April 202228 April 2022
2021Interim Cash Dividend100.0011 November 202112 November 202102 December 2021
2018Final Cash Dividend319.9508 May 201909 May 201929 May 2019
2017Final Cash Dividend457.5008 May 201811 May 201830 May 2018
2016Final Cash Dividend484.6005 May 201709 May 201726 May 2017
2015Final Cash Dividend427.3003 June 201607 June 201629 June 2016
2014Final Cash Dividend291.8008 June 201510 June 201501 July 2015
2013Final Cash Dividend157.5012 June 201416 June 201430 June 2014