Good News From Indocement, This Cement Producer Distributes IDR 1.8 Trillion Dividend

Illustration. (Photo: Doc. Indocement)

JAKARTA - PT Indocement Tunggal Prakarsa Tbk (INTP) will distribute blessings to its shareholders. This cement producer issuer has approved the entire 2020 financial year net profit of IDR 1.80 trillion as cash dividends to shareholders.

In a written statement from the company quoted on Friday, July 9, this decision was taken at the annual general meeting of shareholders (AGMS) for the 2020 financial year which was held Thursday, July 8 yesterday. Indocement also took IDR 862.55 billion or 4.75 percent of the retained earnings balance which has not yet been determined to be distributed as cash dividends.

As a result, the total amount of final dividends received by the holder of one INTP share is IDR 725 per share.

A total of IDR 225 has been distributed to shareholders as an interim cash dividend in December 2020. The remaining IDR 500 per share will be distributed in the form of cash dividends to shareholders in August 2021.

The cum dividend period for the regular market and negotiating market falls on Friday, July 16, 2021, and the ex-dividend falls on Monday, July 19, 2021. Cum dividend for the cash market falls on Wednesday, July 21, 2021, and the ex-dividend is Thursday, July 22, 2021. Dividend payment will be made Wednesday, August 11, 2021.