Issuers to Pay out Dividend Next Year Despite Expansion Plans

Several issuers have signaled their intention to maintain dividend distributions in the coming year, despite robust business expansion.

Artha Adventy, Hafiyyan & Farid Firdaus

1 Des 2023 - 18.55
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Issuers to Pay out Dividend Next Year Despite Expansion Plans

PT Telkom Indonesia Tbk's logo. Photo/JIBI-telkom

Bisnis, JAKARTA —Several issuers have signaled their intention to maintain dividend distributions in the coming year, despite robust business expansion.

PT Telkom Indonesia Tbk. (TLKM) has expressed its commitment to continue distributing dividends for the 2023 financial year, with payments expected to be made next year to shareholders.

Telkom Director of Finance and Risk Management Heri Supriadi emphasized that the company consistently follows guidelines for a dividend payout ratio ranging from 60% - 80% of the company's net profit. This ratio is considered healthy for sustaining growth.

"The dividend ratio takes into account a stable balance sheet position. This aligns with anticipated bottom-line growth, which could further elevate dividends per share," he stated during a public expose on Thursday (30/11).

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Issuers to Pay out Dividend Next Year Despite Expansion Plans

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