JAKARTA. PT Tempo Scan Pacific Tbk (TSPC), a pharmaceutical company established in 1970, gears up for its cash dividend distribution of IDR 60 per share, equal to IDR 270 billion.
This plan follows the decision made by the shareholders last week. According to Shania, the Corporate Secretary of TSPC, the management had decided several important dates regarding the dividend distribution.
Cum date in the regular and negotiation market had been set for July 5, 2021, and July 7, 2021, in the cash market. The recording date is scheduled for July 7, 2021, while the payment would follow on July 13, 2021.
Based on idnfinancials.com data, TSPC managed to score IDR 787.8 billion in net profit in 2020. Thus, the total dividend to be distributed this time equals 34% of the total net profit.
TSPC also allocates IDR 2.25 billion from its 2020 net profit to the reserved funds, obeying local regulations in Indonesia. The remaining portion would be stored as the retained earnings. (KR/ZH)