Major Coal Company Shareholders Ready for Dividend Payouts After Eid 2024

The dividend payout schedule for shareholders of several major coal issuers is set after the 2024 Idul Fitri holiday.

M. Nurhadi Pratomo

13 Apr 2024 - 12.03
A-
A+
Major Coal Company Shareholders Ready for Dividend Payouts After Eid 2024

Wujing PLTU in Shanghai, China on Wednesday (24/1/2024). - Bloomberg/Raul Ariano

Bisnis, JAKARTA — The distribution of dividends for shareholders of Indonesia's major coal issuers will be announced after Idul Fitri 2024. As of Thursday (11/4/2024), data gathered by Bisnis indicates that several prominent Indonesian coal producer issuers have revealed plans for their annual general shareholder meetings (AGSM) for the financial year 2023.

Shareholders of coal issuers eagerly await the decision regarding the utilization of the net profit from the 2023 financial performance as dividends. PT Adaro Energy Indonesia Tbk. (ADRO), owned by conglomerate Garibaldi 'Boy' Thohir, is scheduled to hold an AGMS for the 2023 financial year on May 15, 2024.

Adaro is known for its generosity in distributing dividends to ADRO shareholders, with management expressing commitment to continue dividend distribution in 2024. Head of Corporate Communication at Adaro Energy Febriati Nadira previously affirmed that Adaro intends to maintain its tradition of paying cash dividends to shareholders, as it has done in previous years. However, one factor to consider is Adaro's substantial capital expenditure (capex) requirements for the aluminum project.

"Despite the significant capex, Adaro remains committed to cash dividends. Historically, distributions have always been made, and shareholders are eagerly anticipating the dividend payout," she expressed to Bisnis on Wednesday (20/3/2024).

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Asteria Desi Kartikasari
Jelajahi peluang bisnis terpercaya dengan berlangganan
Temukan keleluasaan dan keuntungan maksimal dengan pilihan paket berlangganan eksklusif ini
BERLANGGANAN SEKARANG
Tidak Memerlukan Komitmen, Batalkan Kapan Saja
Penawaran terbatas. Ini adalah penawaran untuk Langganan Akses Digital Dasar. Metode pembayaran Anda secara otomatis akan ditagih di muka setiap empat minggu. Anda akan dikenai tarif penawaran perkenalan setiap empat minggu untuk periode perkenalan selama satu tahun, dan setelah itu akan dikenakan tarif standar setiap empat minggu hingga Anda membatalkan. Semua langganan diperpanjang secara otomatis. Anda bisa membatalkannya kapan saja. Pembatalan mulai berlaku pada awal siklus penagihan Anda berikutnya. Langganan Akses Digital Dasar tidak termasuk edisi. Pembatasan dan pajak lain mungkin berlaku. Penawaran dan harga dapat berubah tanpa pemberitahuan.
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.