Saratoga (SRTG) Will Distribute Dividends Of IDR 298, 43 Billion, Each Sheet Gets IDR 22

Rupiah (Photo: Antara)

JAKARTA PT Saratoga Investama Sedaya Tbk. (SRTG) will distribute cash dividends of IDR 298.43 billion or around IDR 22 per share for the 2023 financial year.

This was decided by the shareholders at the Annual General Meeting of Shareholders (AGMS) which was held Thursday, May 16, 2024.

Saratoga Finance Director Lany D. Wong said that by the end of 2023 the dividend cash flow and Saratoga divestment results reached the highest level of IDR 3.9 trillion. Therefore, with the support of this very strong cash flow, Saratoga decided to distribute dividends for the 2023 financial year.

"This dividend distribution is a form of appreciation from the company to shareholders for their trust and support for Saratoga," said Lany in his statement, Thursday, May 16.

In addition, Lany said the dividend distribution was the fifth year since the 2019 financial year, Saratoga has consistently provided dividends as a form of commitment to shareholders.

Therefore, Lany said that Saratoga will continue to be committed to increasing the value of each portfolio that has been carried out, such as PT Adaro Energy Indonesia Tbk. (ADRO), PT Merdeka Copper Gold Tbk. (MDKA), PT Mitra Pinasthika Mustika Tbk. (MPMX) and PT Tower Bersama Infrastructure Tbk. (TBIG),

According to Lany, the company will also continue to increase investment in strategic sectors such as health, digital infrastructure, and renewable energy.

"We believe that investment potential in Indonesia is still very attractive. With solid liquidity support and proven experience, Saratoga will continue to optimize every investment opportunity and play an active role in accelerating Indonesia's economic growth," said Lany.