Good News From Triputra Agro, A Company Owned By Conglomerate TP Rachmat, Distributes Rp300 Billion In Dividends

TP Rachmat conglomerate. (Photo: Doc. Surya Esa Perkasa)

JAKARTA - PT Triputra Agro Persada Tbk (TAPG) expressed appreciation to its shareholders. This palm oil company will distribute dividends of IDR 300 billion from the results of 2020 profits.

In TAPG's disclosure of information on the Indonesia Stock Exchange (IDX) website, quoted on Wednesday, June 30, the dividend distribution was approved by TAPG's annual general meeting of shareholders on Friday, June 25.

Each holder of one share of the company owned by conglomerate TP Rachmat, will receive a dividend of Rp. 15.11. The following is TAPG's dividend distribution schedule:

- Cum dividend in regular market and negotiated market: 5 July 2021

- Ex dividend on regular market and negotiated market: 6 July 2021

- Cum dividend on cash market: 7 July 2021

- Ex dividend on cash market: 8 July 2021

- Recording date: 7 July 2021

- Dividend payment: July 28, 2021

The dividends distributed are equivalent to 32.93 percent of Triputra Agro's net profit in 2020. In a year full of challenges due to the COVID-19 pandemic, Triputra Agro was able to achieve a net profit of IDR 911 billion.

Meanwhile, TAPG will use Rp397.05 billion from last year's profit for reserve funds. TAPG will use the remaining profit of Rp214 billion for additional working capital.