13 Indonesian Companies Payout USD $2.30 Billion for Final Dividends 2012
In the period April-June 2013, at least 13 Indonesian companies are planning to pay the final dividends for book year 2012. It is expected that this number will rise in the weeks ahead as there are still companies that need to hold the annual general meeting (AGM), in which dividend payouts are decided. Last year, more than one hundred listed companies on the Indonesia Stock Exchange paid out dividends (of a total number of 462 listed companies at end 2012).
In total, these 13 Indonesian companies will payout IDR 22.40 trillion (USD $2.30 billion) in dividends to their shareholders. It is expected that these dividend payouts will increase investors' appetite for Indonesian stocks in the short-term. Ahead of dividend payouts, Indonesia's stock market usually doubles its performance, and therefore the psychological level of 5,000 points may be within reach this week. However, after the dividend momentum has passed, the index should show a correction as investors sell part of their stock portfolios. In Indonesia, final dividends are paid out in April-May, while interim dividends are paid out in October-November.
Dividend Payouts 2012:¹
| Company | Interim Dividend per Share |
Final Dividend per Share |
Total Dividend per Share |
| Astra International |
66 | 150 | 216 |
| Bank Mandiri |
199 | 199 | |
| Bank Negara Indonesia | 113 | 113 | |
| Indo Tambangraya Megah | 1,666 | 1,464 | 3,130 |
| Central Omega Resources | 50 | 50 | |
| Bank Tabungan Negara | 39 | 39 | |
| BPD Jabar Banten | 68 | 68 | |
| Merck | 3,570 | 3,570 | |
| Bank Rakyat Indonesia | 225 | 225 | |
| Nippon Indosari Corpindo | 37 | 37 | |
| Bank Himpunan Saudara | 18 | 18 | |
| Holcim Indonesia | 32 | 48 | 80 |
¹ in IDR rupiah