Heavy Equipment Distributor United Tractors Announces Dividend Payout
Heavy equipment distributor United Tractors announced to pay out dividend amounting to IDR 2.31 trillion (USD $237.9 million), which represents about 40 percent of the company's net income in 2012 (IDR 5.78 trillion). Dividend per share is set at IDR 620 (USD $0.064) and includes interim dividend of IDR 210 that was distributed in November 2012. The remaining IDR 410 per share will be paid out on 31 May 2013. United Tractors also announced to launch two new products.