Jakarta Provincial Government to Receive Rp 52.5 Billion Dividend from Delta Djakarta

The Jakarta Provincial Government (Pemprov DKI Jakarta) will receive dividend payments of Rp 52.5 billion from PT Delta Djakarta Tbk on September 25, 2021. This payment is the right of the DKI Jakarta Provincial Government as the holder of 210.2 million (25.5%) shares of the company, which has the trading code DLTA on the Indonesia Stock Exchange.

The calculation is as follows: the dividend distribution that has been decided is Rp 250 per share. This value is then multiplied by the number of DLTA shares owned by the DKI Jakarta Provincial Government, which is 210.2 million units, resulting in Rp 52.5 billion.

The DKI Jakarta Provincial Government's receipt of dividends from DLTA's profits in 2021 is 35.9% lower than last year's receipt. In 2020, the dividends received by the DKI Jakarta Provincial Government from DLTA's profits reached Rp 81.98 billion.

In the General Meeting of Shareholders (RUPS) of PT Delta Djakarta Tbk on August 24, 2021, this alcoholic beverage company will distribute cash dividends worth Rp 200.16 billion or Rp 250 per share. The details of the dividend payment are taken from the company's profit of Rp 124.04 billion for the 2020 financial year and dividends from retained earnings of Rp 76.13 billion.

The number of DLTA shares listed on the Indonesia Stock Exchange (BEI) is 800.66 million units. In addition, shares of PT Delta Djakarta are also owned by San Miguel Malaysia (L) Private Limited with a composition of 58.33%. The remaining 15.41% is owned by the public.

For information, DLTA's profit grew by 33.57% to Rp 56.67 billion in Q1 2021 compared to the same period last year. As a result, its earnings per share also increased to Rp 71 per share from Rp 53 per share previously.