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Victoria Insurance will distribute cash dividends worth of Rp 13.83 billion

07 July 2020 15:53

JAKARTA - PT Victoria Insurance Tbk (VINS) will distribute cash dividends worth Rp 13.83 billion, taken from its net profit in 2019 of Rp 21.80 billion. This plan has been approved by 77.84% of its shareholders who attended the company's General Meeting of Shareholders (GMS) which took place at the end of last week (3/7).

In the disclosure of information published on Tuesday (7/7), it was stated that the value of dividends to be distributed was 63.46% of the company's net profit in 2019. In addition, the company will also keep Rp 2 billion as retained earnings.

Dividends will be paid on 6 August 2020. Cum date on the regular and negotiated is scheduled for 13 July, and 15 July for the cash market. (LK/AR)

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