Bank Mandiri, the largest state-owned bank (BUMN), pays out dividends.

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Adi Ahdiat 15/03/2024 13:46 WIB

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In early March 2024, several state-owned banks in Indonesia announced they would distribute cash dividends in the near future. Bank Mandiri will distribute the largest dividend.

Cash Dividend per Share from Indonesian State-Owned Banks (March 2024)

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Bank Mandiri, the largest state-owned bank (BUMN), pays out dividends.

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Cash Dividend per Share from Indonesian State-Owned Banks (March 2024)

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Between March 5th and 14th, 2024, several Indonesian state-owned banks (BUMN) announced cash dividend distributions for the 2023 fiscal year.

These banks are Bank Mandiri, Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI), and Bank Tabungan Negara (BTN).

Bank Mandiri offered the highest amount, with the BMRI-coded issuer stating it will pay approximately Rp353.96 per share in cash dividends.

BNI (stock code BBNI) follows, distributing approximately Rp280.5 per share in cash dividends.

BRI (stock code BBRI) will distribute Rp235 per share, and BTN (stock code BBTN) approximately Rp49.89 per share.

Each issuer has set different cumulative dates and dividend payment schedules.

The cumulative date (often shortened to cum date or cum dividend) is the deadline for determining which investors are entitled to receive dividends.

In other words, investors who buy shares of an issuer after the cum date will not receive a share of the profits.

Here are the cum date and cash dividend payment schedules for Bank Mandiri, BNI, BRI, and BTN:

Bank Mandiri (stock code BMRI):

* Cum date in the regular and negotiated markets: March 19, 2024
* Cum date in the cash market: March 21, 2024
* Cash dividend payment: March 28, 2024

BNI (stock code BBNI):

* Cum date in the regular and negotiated markets: March 14, 2024
* Cum date in the cash market: March 18, 2024
* Cash dividend payment: April 2, 2024

BRI (stock code BBRI):

* Cum date in the regular and negotiated markets: March 13, 2024
* Cum date in the cash market: March 15, 2024
* Cash dividend payment: March 28, 2024

BTN (stock code BBTN):

* Cum date in the regular and negotiated markets: March 18, 2024
* Cum date in the cash market: March 20, 2024
* Cash dividend payment: April 5, 2024

Editor : Adi Ahdiat

"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."