JAKARTA. PT Kedawung Setia Industrial Tbk (KDSI), an enamel and metal-based household products manufacturer, plans to distribute interim dividends of IDR 25 per share at the beginning of December 2021.
Based on KDSI’s Boards of Directors in the information disclosure in Indonesia Stock Exchange (IDX), this plan aligns with the decision made during the meeting of boards of directors and commissioners on November 18, 2021. Accordingly, the interim dividends to be disbursed would amount to IDR 10.13 billion.
The interim dividends would be distributed to the shareholders officially listed by November 30, 2021, at 4 PM WIB. The cum dividend date in the regular and negotiation market is set to November 26, 2021, while the cash market is scheduled for November 30, 2021. Meanwhile, the dividend payment would be made on December 8, 2021.
According to idnfinancials.com, KDSI scored IDR 62.26 billion in net profit throughout January-September 2021. Meanwhile, its total equity amounted to IDR 724.45 billion.
As of September 2021, 78.44% of KDSI’s shares were under the control of PT Kita Subur Utama. Permadi Al Suharto claimed another 5.56%, while the public shared the remaining 10.50%. (KR/ZH)