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Tunas Ridean decides on final dividends of IDR 19 per share

23 May 2022 09:42

JAKARTA. PT Tunas Ridean Tbk (TURI), a financing venture and a four-wheel vehicle dealership, plans to distribute final dividends of IDR 19 per share, amounting to IDR 106.02 billion in total.

This plan goes accordingly to TURI’s Annual General Shareholders Meeting held last week. The final dividend will be channelled out to shareholders whose names have entered the Official Shareholders List by May 31, 2022, at 4 PM WIB.

TURI had once distributed interim dividends of IDR 161.82 billion or IDR 29 per share. This interim dividend payment was made back in December 2021.

Therefore, the cash dividend distributed by TURI for this fiscal year 2021 amounts to IDR 267.84 billion or IDR 48 per share. Based on idnfinancials.com data, TURI recorded a net profit of IDR 538.50 billion at the end of the fiscal year 2021.

As of March 31, 2022, 46.24% of TURI is under the control of Jardine Cycle & Carriage Ltd. Another 46.24% goes to PT Tunas Andalan Pratama, leaving the remaining 7.52% to public investors. (KR/ZH)

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