Dividend Payouts Sweetener in the Midst of Market Fluctuations

Additionally, several issuers are gearing up to convene their Annual General Meeting of Shareholders (AGMS) to decide on dividend distributions from the net profits earned in the 2023 financial year.

Ana Noviani

19 Apr 2024 - 19.45
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Dividend Payouts Sweetener  in the Midst of Market Fluctuations

illustration for dividend payout./Special

Bisnis, JAKARTA - Amidst the volatile fluctuations in the stock market, dividend payouts from issuers listed on the Indonesia Stock Exchange (IDX) serve as an enticing incentive for investors.

Additionally, several issuers are gearing up to convene their Annual General Meeting of Shareholders (AGMS) to decide on dividend distributions from the net profits earned in the 2023 financial year.

A health laboratory firm, PT Prodia Widyahusada Tbk. (PRDA), has opted for a dividend ratio equivalent to 60% of its net profit, which amounted to IDR 259.87 billion. Finance Director at Prodia Liana Kuswandi highlighted the company's commitment to maintaining a consistent dividend distribution at this ratio, despite experiencing a 30.07% annual decrease in net profit for 2023.

"We see that the distribution of the dividend payout ratio is possible, because also in terms of cash balances we can give it to shareholders, and this does not disrupt the company's operations," explained Liana in a public presentation, Thursday (18/4).

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Dividend Payouts Sweetener in the Midst of Market Fluctuations

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