Sido Appears To Divide IDR 1.09 Trillion Dividend, Here's The Distribution Schedule

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Industri Jamu Dan Farmasi Sido Muncul Tbk (SIDO) will distribute cash dividends to shareholders amounting to Rp1,095 trillion or equivalent to Rp36.5 per share. This has been approved at the company's annual general meeting of shareholders (AGMS) on March 29, 2023.

This dividend amount reflects the dividend payment ratio or dividend payout ratio of 99.13 percent of SIDO's net profit for 2022.

In SIDO's AGMS resummation on information disclosure on the Indonesia Stock Exchange (IDX) website, Thursday, March 30, the details of dividend payments are IDR 13.50 per share or a total of IDR 405 billion which has been distributed to shareholders as cash interim dividends on November 18, 2022.

The remaining Rp 23 per share or a total of Rp690 billion will be distributed in the form of cash dividends with a schedule and procedure in accordance with applicable regulations and regulations.

SIDO recorded profit for the full year of 2022 amounting to IDR 1.10 trillion or a decrease of 12.3 percent from the previous year in 2021 of IDR 1.26 trillion.

The decline in profit cannot be separated from corrected sales in 2022 of IDR 3.87 trillion or a decrease of 3.86 percent when compared to the previous year in 2021 of IDR 4.02 trillion.

Meanwhile, SIDO sales came from herbal herbs and supplements of IDR 2.63 trillion, food and beverages of IDR 1.09 trillion, and pharmaceuticals of IDR 143.05 billion.

The following is the complete schedule for the distribution of SIDO dividends:

- Cum cash dividend on regular market and negotiation: 6 April 2023- Ex cash dividend on regular market and negotiation: 10 April 2023- Cum cash dividend on cash market: 11 April 2023- Ex cash dividend on cash market: 12 April 2023- Recording date: 11 April 2023- Dividend payment: 28 April 2023