The Company maintains a dividend policy with due regard to the balance between giving maximum returns to Shareholders and the Company’s need to develop in the future. With due regard to financial condition, cash dividend payout to all shareholders is done by the Company at least once a year.
Without prejudice to the right of the General Meeting of Shareholders of the Company to determine otherwise in accordance with the Company’s Articles of Association, the determination of the amount and payment of dividends shall be based on several matters as follows:
- Company’s development plan and capital expenditure
- Conditions of cash flows and working capital requirements of the Company
- The Company’s capital structure policy
- The net profit of the Company for the relevant fiscal year
For the last three years, the Company paid cash dividends on shares as decided by the Annual General Meeting of Shareholders (AGM), as follows:
|Dividend per Share||Rp. 10,0||Rp. 7,5||Rp. 6,0|