Bank Mandiri Distributes Dividends Of IDR 24.7 Trillion, Shareholders Get IDR 529.34 Per Sheet

Bank Mandiri (Photo: Doc. intermediate)

JAKARTA - The Annual General Meeting of Shareholders (AGMS) of PT Bank Mandiri (Persero) Tbk (BMRI) agreed to determine 60 percent of the 2022 consolidated net profit or around Rp. 24.7 trillion as dividends to be distributed to shareholders (dividend payout ratio).

From this value, the amount of dividend per share or dividend per share of Bank Mandiri is in the range of IDR 529.34.

In 2022, Bank Mandiri will print a net profit of IDR 41.2 trillion, growing 46.9 percent.

Bank Mandiri President Director Darmawan Junaidi explained that the amount of dividend per share of Bank Mandiri increased by 46.8 percent compared to the previous year's period of Rp360.64 per share.

"Dividend to the Republic of Indonesia for ownership of 52 percent of Bank Mandiri's shares or IDR 12.84 trillion will be deposited into the State General Cash Account, up 46.7 percent from last year's position," he said at a press conference in Jakarta, Tuesday, March 14.

Meanwhile, 40 percent of last year's consolidated net profit or IDR 16.46 trillion will be allocated as retained earnings.

For information, Bank Mandiri's total net profit for the 2022 financial year was recorded at IDR 41.17 trillion. This achievement rose 46.89 percent when compared to the same period the previous year.

Darmawan added, the amount of the dividend is in line with Bank Mandiri's management commitment, which continues to strive to contribute optimally to the community.

"This decision also indicates strong support from shareholders to management to continue to provide the best financial solutions not only to customers but also to the wider community," Darmawan continued.

Darmawan continued, the dividend distribution decision was also carried out by considering the acceleration plan and business expansion as well as Bank Mandiri's capital needs. Meanwhile, after the dividend distribution, the capital adequacy ratio (CAR) of Bank Mandiri until the end of 2023 is projected to be maintained at the optimal level.

Darmawan added that his party is optimistic that the various developments and digital innovations that are being carried out can be able to support Bank Mandiri's sustainable business plan, including encouraging the intermediation function that is the company's core business.

"In line with the momentum of economic growth, we are optimistic that Bank Mandiri's performance will continue to improve. In the future, we will continue to spur Bank Mandiri's business development and services so that they can meet the expectations of all stakeholders of the company," concluded Darmawan.