ADRO to distribute interim dividends of IDR 5 trillion
JAKARTA. A mining company, PT Adaro Energy Tbk (ADRO) would pay out interim dividends of USD 350 million or equivalent to IDR 5 trillion (using currency exchange rate of IDR 14,300/USD).
In the information disclosure, the ADRO management stated that the meeting of boards of commissioners and directors of Adaro Energy on December 20, 2021, had agreed to the interim dividend distribution for the fiscal year 2021 of USD 350 million in total. Meanwhile, as of September 2021, ADRO posted a net profit of USD 420.9 million.
Last September, ADRO collected operating revenue of USSD 2.57 billion, jumping 31% year-on-year (yoy) from the previous USD 1.95 billion reported in September 2020. Moreover, the net profit in September 2021 reached USD 420.9 billion, proliferating massively by 284.81% yoy from the initial USD 109.38 million.
Here is the schedule for the interim dividend of Adaro Energy:
December 21, 2021 : Record date for the shareholders eligible for interim dividends
January 3, 2022 : Cum Dividend in the Regular and Negotiation Market
December 29, 2021 : Ex Dividend
December 30 2021 : Cum Dividend in the Cash Market
January 3, 2022 : Ex Dividend
January 14, 2022 : ADRO’s interim dividend distribution. (AM/ZH)