JAKARTA. PT Ifishdeco Tbk (IFSH), a nickel mining company, will distribute cash dividends of IDR 23.93 per share, taken out of its net profit in the fiscal year 2021.
The said plan aligns with the Annual General Shareholders Meeting of IFSH held last week. In the said meeting, the shareholders agreed to allocate 30% of the company’s net profit, amounting to IDR 50.85 billion, as cash dividends.
Based on idnfinancials.com data, IFSH scored a net profit of IDR 169.52 billion in 2021. In addition to budgeting the cash dividend, the company also allocated IDR 42.5 billion of the total net profit to the fund reserves and saved the rest as retained earnings.
The cum dividend of IFSH in the regular and negotiation market is scheduled for May 9, 2022, followed by the cum date in the cash market of May 11, 2022. Then, the payment itself will be channelled out on May 25, 2022.
As of December 31, 2021, 40.80% of IFSH’s shares is reportedly under the control of PT Fajar Mining Resources. Then, another 39.20% is claimed by PT Wahana Trilintas Mining, leaving the remaining 20% to public investors. (KR/ZH)