BRI Plans To Spread Interim Dividends This Year

JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) plans to distribute interim dividends to its shareholders in 2023.

This dividend distribution is based on the company's cash which is considered jumbo.

BRI President Director Sunarso said the interim dividend distribution plan must adjust the applicable regulations in the capital market.

"Actually, today I want to distribute interim dividends, but there is a procedure that I have to ask for approval so that the governance is correct. But basically we want to distribute interim dividends," said Sunarso at the BUMN Ngopi event, written Friday, October 27.

BRI itself has posted a profit of IDR 44.21 trillion until the third quarter of 2023.

This achievement rose 12.5 percent year on year (yoy).

Meanwhile, in the previous year, BRI posted a profit of IDR 51.4 trillion, and 85 percent of the profit achievement was allocated to distribute dividends to shareholders.

In 2022, BRI will provide dividends to the state of IDR 23 trillion.

Meanwhile, the dividends given to public shareholders amounted to Rp20 trillion.

By looking at this achievement, said Sunarso, the company will not withhold its profits as retained earnings.

"Why was it distributed? 85 percent of the profit, because BRI's capital is now big," he said.