Charoen Pokphand to distribute Rp 1.33 trillion in dividend
JAKARTA. PT Charoen Pokphand Indonesia Tbk (CPIN) will distribute a cash dividend of Rp 1.33 billion or Rp 81 per share, 36.54% of its 2019 net profit of Rp 3.63 trillion.
The plan was approved at an AGM on Tuesday (25/8). The meeting also approved the use of the rest of the company's 2019 net profit as retained earnings.
The company has also scheduled the payment of the cum dividend in the regular and negotiation markets on September 2, 2020, and in the cash market on September 4, 2020. The dividend will be paid on September 16.
The dividend value is 31.36% lower compared to the company's dividend in 2019. Per IDNFinancials.com's data, in 2019 the company paid a dividend of Rp 118 per share from its 2018 net profit. (KR/MS)