JAKARTA. PT Matahari Department Store Tbk (LPPF) planned to distribute interim dividends of IDR 100 per share in the beginning of next month after recording the net profit of IDR 532.48 billion by the end of H1 2021.
This interim dividend distribution plan is the outcome of the circular decision made by LPPF’s directors and commissioners on November 1, 2021. As of June 30, 2021, LPPF’s outstanding shares amounted to 2.63 billion units. Thus, the amount of interim dividends would total IDR 262.61 billion, equal to 49% of the company’s net profit gained in the first half of the year.
In the released financial report, LPPF’s net profit in the first half of 2021 was supported by its revenue that reached IDR 3.57 trillion. The said gain comprised IDR 22 trillion of retail sales and consignation sales of IDR 1.37 trillion.
By the end of the first half of 2021, PT Multipolar Tbk (MLPL) was still recorded as the holder of 17.71% of LPPF’s shares. Then, Phillip Securities Pte Ltd claimed another 6.18%, UOB Kay Hian Pte Ltd 6.44%, College Retirement Equities Fund 5.95%, Greater Universal Limited 5.32%, and public investors 5.67%.
The cum dividend date in the regular and negotiation market was scheduled for November 10, 2021. Meanwhile, the cum date for the cash market was set to November 12, 2021. Lastly, the interim dividend would be disbursed on December 2, 2021. (KR/ZH)