JAKARTA. PT Pinago Utama Tbk (PNGO) planned to distribute interim dividends of IDR 50 per share of IDR 39.06 billion in total by the end of this month.
Bambang Palgoenasi, President Director of PNGO, claimed that this arrangement aligned with the result of the Boards of Directors meeting held on November 2, 2021. The total dividends decided during the meeting would equal 22.26% of the company’s net profit reported on September 30, 2021.
The cum dividend date in the regular and negotiation market was scheduled for November 15, 2021, while the cash market cum date would fall on November 17, 2021. Meanwhile, the recording date was set to November 17, 2021, and followed by the disbursement on November 26, 2021.
Based on idnfinancials.com data, PNGO posted a net profit of IDR 175.5 billion from January to September (9M) 2021. The company also kept its retained earnings of IDR 558.84 billion and equity of IDR 662.01 billion by the end of September 2021.
PNGO’s stock price in today’s session until 11.22 AM WIB shifted 1.46%, 25 points weaker to IDR 1,690 per share. Yesterday, it was closed at IDR 1,735 per share. (KR/ZH)