JAKARTA — PT Mark Dynamics Indonesia Tbk (MARK) will distribute a cash dividend of IDR 266 billion, equivalent to 92.83% of its net profit for the 2024 financial year, which reached IDR 286.53 billion.

The dividend value distributed by MARK for the 2024 financial year increased 100% compared to the previous year.

Quoting a disclosure on Tuesday (20/5), Yuriani Trisjoyo, Corporate Secretary of MARK, stated that the company will distribute a dividend of IDR 70 per share to all holders of its 3.8 billion shares.

This dividend includes interim dividends previously paid on 6 September and 5 December 2024, each amounting to IDR 20 per share. The remaining IDR 30 per share will be paid on 19 June 2025.

The cum and ex-dividend dates in the regular and negotiated markets fall on 26 and 27 May, while the cum and ex-dividend dates in the cash market are set for 28 May and 2 June, with the recording date on 28 May.

At the end of the 2024 financial year, MARK had retained earnings not subject to restrictions amounting to IDR 728.23 billion. Total equity stood at IDR 860.89 billion.

In the 2023 financial year, MARK had distributed a final dividend of IDR 133 billion or IDR 35 per share, equivalent to 85.24% of its net profit of IDR 156.01 billion.

In today’s trading, MARK shares fell 1.22% to IDR 810 per share. However, the stock has risen 1.25% over the past week. (LK/KR/ZH)