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Emdeki will distribute cash dividends of Rp 22.77 billion

23 April 2020 13:41

JAKARTA. PT Emdeki Utama Tbk (MDKI) will distribute cash dividends of Rp 22.77 billion or Rp 9 per share, taken from its net profit from FY2019.

According to its information disclosure, MDKI's management explained that the value of dividends distributed is equivalent to 70.16% of its net profit in FY2019.  For information, MDKI recorded a net profit of Rp32.46 billion in 2019.

Meanwhile, the remaining net profit will be used as a mandatory reserve fund and retained earnings.

For information, cum dividends on the regular market and negotiations market are set on 29 April 2020. While cum dividends on the cash market are set on 4 May 2020. Dividend payments will be made on 20 May 2020. (KR/AR)

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