JAKARTA - PT Total Bangun Persada Tbk (TOTL) will distribute cash dividends of IDR 255.75 billion or 96.3 percent of the 2024 profit. This has received approval at the Annual General Meeting of Shareholders (AGMS).
Meanwhile, the allocation of TOTL dividends in 2024 is IDR 75 per share, an increase compared to the previous year's IDR 40 per share.
On the other hand, the remaining profit in 2024 will be recorded as retained earnings.
In addition, dividend payments will be made on Wednesday, June 18, 2025 and, dividends will be paid to shareholders whose names are recorded in the Company's shareholder register as of Tuesday, April 22, 2025 pk.16.00 WIB.
Then, cum dividends in the regular market and negotiations are up to Friday 23 May 2025, which means that ex-dividends in the regular market and negotiations are starting Monday, May 26, 2025.
Furthermore, on the cash market, cum dividends are until Tuesday, May 27, 2025, while the ex-dividend starts Wednesday, May 28, 2025.
TOTL Director Moeljati Soetrisno said the amount of cash dividend distribution in 2024 had been determined and received approval from the company's board of commissioners.
BACA JUGA:
"Dividends are fully applied from the considerations of the board of commissioners. This is also to please investors," he said in his statement, Thursday, May 15.
For information, TOTL recorded operating revenues of IDR 3.09 trillion in 2024, an increase of 1.99 percent on an annual basis, aka year on year (YoY) from IDR 3.02 trillion in 2023.
Thus, the company posted a profit for the year attributable to owners of the parent entity of Rp265.42 billion in 2024, an increase of 53.70 percent (yoy) from Rp172.68 billion the previous year.
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