HomeNewsVideos

Cimory to share cash dividends of IDR 63.1 per share

13 June 2022 06:45

JAKARTA – PT Cisarua Mountain Dairy Tbk (CMRY), the manufacturer of Cimory food and beverages, arranges a dividend distribution of IDR 500 billion, equivalent to 63.27% of its total net profit in 2022 of IDR 790.2 billion. It has been decided upon during the Annual General Shareholders Meeting held earlier last week (9/6).

In the meeting treatise quoted Monday (13/6), Farel Sutanto, Director of Cimory claimed that the decision regarding the amount of cash dividend, which goes over 50% of the total net profit, is based on the projection of the company’s progress that seems sufficiently healthy. “The company is committed to maintaining the business growth in order to give an optimum yield to the shareholders in return,” he said.

The dividend is set to IDR 63.01 per share. The shareholders also agreed to allocate IDR 158.6 billion to general reserves, following the articles of association of the company and Laws of Limited Companies. The remaining goes to the retained earnings to reinforce business expansion.

The dividend will be channelled out to shareholders on June 28, 2022, referring to the Shareholders List concluded by June 21, 2022. The cum and ex dividend dates in the regular and negotiation market are set to June 17 and 20, 2022, followed by the cash market on June 21-22, 2022. (LK/ZH)

© 2024 - IDN Financials - All Rights Reserved.