Jun 8, 2011

Indika to distribute Rp26/share dividend

Energi integrated PT Indika Energy Tbk (INDY) will distribute a final dividend of Rp26 a share or RpRp135.4 billion. Last year, Indika President Director Arsyad Rasjid said the company distributed Rp48 a share of interim dividend. 
In total, Indika will distribute Rp385.3 billion dividend or Rp74 per share, reflecting 50% of its net profit last year. In 2010, Indika posted Rp772.7 billion net profit, a slight increase of 6.48% to725.67 billion. Revenue rose to Rp3.77 trillion from Rp2.49 trillion.

Disclosure: No position at the stock mentioned above.

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