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Bank Mega to distribute IDR 2.1 trillion dividends next month

23 February 2021 20:33

JAKARTA. PT Bank Mega Tbk (MEGA) plans to distribute dividends of IDR 2.1 trillion from the 2020 net profit.

The management of MEGA stated that the dividend value per share to be received by shareholders was IDR 301.56. Cum dividends on the regular and negotiated markets are set for March 1, 2021, and March 4, 2021 on the cash market. Dividend payments will be made on March 19, 2021.

According to idnfinancials.com data, MEGA posted a net profit of IDR 3.01 trillion in 2020. Thus, the dividend value to be distributed is equivalent to 69.8% of the company's profit. Meanwhile, the remaining net profit of IDR 908.3 billion was designated as retained earnings.

As of February 9, 2021, 58.02% of MEGA shares were controlled by PT Mega Corpora. Then PT Indolife Pensiontama owns 6.07% shares and the remaining 35.91% is owned by public investors. (KR/LM)

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