Apr 21, 2011

Mandom to distribute Rp340 dividend

PT Mandom Indonesia Tbk (TCID), a cosmetic products maker, will distribute Rp340 per share dividend or Rp68.4 billion in total, reflecting a 52% payout ratio.
Mandom booked Rp131.45 billion or Rp654 per share last year, a 5.48% increase from Rp124.61 billion a year earlier, said a press statement.
Mandom, maker of men's hair product dubbed Gatsby, booked 5.61% increase in net sales to Rp1.47 trillion from Rp1.39 trillion.

Disclosure: No position at the stock mentioned above.
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