Profit-Hunting Amid Dividend Season

As central banks keep delaying rate cuts, market actors are growingly concerned of decreasing purchasing power and surging cost of fund, which in turn would wear down the performance of companies listed on the bourse.

Asteria Desi Kartikasari

29 Apr 2024 - 03.37
A-
A+
Profit-Hunting Amid Dividend Season

illustration for dividend payout./Special

Bisnis, JAKARTA — Although the Indonesian Stock Exchange (IDX)’s high dividend index—the IDX High Dividend 20—weakened amid bearish market conditions, top-tier stocks remain attractive to investors due to the allure of attractive dividend payouts.

Current market headwinds have not diminished interest in stocks in this high-dividend index known for consistently offering dividend yields above the market average.

According to IDX data, the IDX High Dividend (Hidiv) 20 index corrected by 4.97 percent to 546.27 year-to-date (YtD) as of trading close on April 26, 2024, despite several stocks announcing dividend distributions.

This decline was due to various headwinds faced by the IDX Hidiv 20. Externally, global geopolitical conditions since early April have turned capital markets bearish. In addition, the designation of Prabowo Subianto-Gibran Rakabuming Raka as president and vice president-elect has not been enough to lift either the IDX Composite and IDX Hidiv 20 out of the red zone.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Rinaldi Azka
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.