An interim dividend of US$295 million will be paid to the government, and the remaining US$260 million will be distributed to the public.
Heaptalk, Jakarta — PT Bank Rakyat Indonesia (BRI) (issuer code: BBRI) announced to allot of an interim dividend for the 2022 financial year. As it is known, this banking company, with the second immense market capitalization, observed an increase of more than 1% in the first trading session on Friday (12/30).
In more detail, the distribution of this interim dividend is a maximum of Rp8.63 trillion (US$554 million), or equivalent to Rp57 per share. From the total value, a maximum interim dividend of US$295 million, or nearly Rp4.59 trillion, will be paid to the government, and the remaining US$260 million, or equal to Rp4.04 trillion, will be distributed to the public.
The President Director of Bank Rakyat Indonesia, Sunarso, revealed the interim dividend disbursement is evidence of BRI’s performance as a state-owned banking company that makes a real contribution to the community.
As it is known, this interim dividend is an interim dividend paid to shareholders before the company’s annual profit utilization is determined at the General Meeting of Shareholders (GMS). Furthermore, the company will perform to distribute the BBRI shares during the information disclosure on December 30th, 2022, the cumulative date of the regular market on January 9th, 2023, cum date of the cash market and recording date on January 11th, 2023, as well as the dividend payment date on January 27th, 2023.
From the order book of BBRI, around 296,310 lot of stock transaction has been accomplished in the BBRI shares. From the bidding mechanism, about 67,542 lots were queuing for Rp4,940 per share. Meanwhile, from the offer mechanism, around 29,596 lots were queuing at Rp4,950 per stock.
Further, Sunarso emphasized that BRI company has four requirements for more sustainable development. He claimed the company had possessed a clear source of its business elevation through Holding Ultra Mikro. Besides, the Director of BRI also conveyed the company still has robust capital, whereby the current Capital Adequacy Ratio (CAR) of BBRI has attained 26.14%.
Also, this banking corporate contains sufficient liquidity, whereby the Loan to Deposit Ratio (LDR) of BRI by 88.51%. On the other hand, BRI’s Non-Performing Loan (NPL) reached a 3.09% level during the third quarter of this year.
According to the company financial report, this Indonesia’s Bank profit has climbed significantly by 106.14% in a similar period in 2021, worth US$1.2 billion, or equal to Rp19.07 trillion. On the other hand, the revenue enhancement is bolstered by an increase in interest income, attaining US$7.4 billion, or approximately Rp115,25 trillion. This outcome grew by 9.19% YoY in September 2021.
