Antam Distributes Rp38.73 Dividend per Share, Highest Since 2013
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PT Aneka Tambang Tbk, or Antam, distributed a dividend of Rp930.87 billion, representing 50% of the company's net profit in 2021. With 24.03 billion shares outstanding, the dividend per share will be Rp38.73.
The remaining 50% was recorded as retained earnings. This decision was the result of the Annual General Meeting of Shareholders (RUPST) for the 2021 fiscal year, held today, Tuesday (24/5/2022).
Antam recorded a net profit of Rp1.86 trillion last year. This figure surged 62% from Rp1.15 trillion in 2020, driven by a 40.5% increase in revenue to Rp38.44 trillion in 2020.
Looking back, this dividend is the highest since 2013. In that year, Antam distributed a dividend of Rp47.09 per share.
For information, Antam last conducted a rights issue in 2015. This increased the number of shares outstanding from 9.54 billion to 24.03 billion.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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