JAKARTA – Dividend season continues, with major names such as PT Alamtri Resources Indonesia Tbk (ADRO) dan PT Adaro Minerals Indonesia Tbk (ADMR), both owned by Boy Thohir, announcing dividend distribution schedules for the 2024 financial year.

ADRO will distribute a final dividend of approximately IDR 52 per share on 26 June 2025, with the cum date set for 12 June.

Meanwhile, ADMR will issue its first-ever dividend of IDR 48 per share on 20 June, with its cum date also falling on 12 June 2025.

Based on closing prices as of 5 June 2025—IDR 2,120 for ADRO and IDR 1,030 for ADMR—the final dividend yields stand at 2.5% for ADRO and 4.6% for ADMR.

However, it is worth noting that ADRO had already paid an interim dividend of IDR 106.8 per share on 15 January 2025. This brings its total dividend for the 2024 financial year to IDR 158.8 per share, or a yield of approximately 7.5%.

Adaro Group is not alone—Pertamina subsidiaries have also announced dividend distributions for the 2024 financial year.

PT Perusahaan Gas Negara Tbk (PGAS) is scheduled to distribute a dividend of IDR 182.1 per share on 2 July, while PT Pertamina Geothermal Tbk (PGEO) will distribute IDR 53 per share on 4 July 2025.

PGAS's dividend yield reaches 10%, based on its Thursday (5/6) closing price of IDR 1,821. PGEO’s dividend yield, however, is just 4%, based on its closing price of IDR 1,335.

In addition to Adaro and Pertamina groups, several other stocks with dividend yields above 7% also have cum dates scheduled for next week. Here is the list.

Cum date 10 June 2025:

1. PT Clipan Finance Indonesia Tbk (CFIN): Dividend IDR 50, with 12.7% yield
2. PT Mitra Pinasthika Mustika Tbk (MPMX): Dividend IDR 120, with 11.1% yield
3. PT Hanjaya Mandala Sampoerna Tbk (HMSP): Dividend IDR 56.2, with 8.5% yield

Cum date 11 June 2025:

1. PT Mastersystem Infotama Tbk (MSTI): Dividend IDR 118, with 8.3% yield
2. PT Wismilak Inti Makmur Tbk (WIIM): Dividend IDR 64.8, with 7.9% yield
3. PT Mandiri Herindo Adiperkasa Tbk (MAHA): Dividend IDR 12, with 7% yield

Cum date 12 June 2025:

1. PT Gihon Telekomunikasi Indonesia Tbk (GHON): Dividend IDR 180, with 10% yield.

(ZH)