Jun 9, 2011

Sampoerna Agro to pay Rp108 dividend

Palm oil plantation PT Sampoerna Agro Tbk (SGRO), that is controlled by Sampoerna family, will distribute Rp108 a share dividend of Rp204.12 billion, reflecting 45% of its net profit last year.
Last year, Sampoerna Agro distributed Rp45 a share dividend or 30% of its net profit in 2009 of Rp281.77 billion. 
President Director Ekadharmajanto Kasih said the cash dividend will be paid on July 18 2011. In 2010, Sampoerna Agro posted Rp452 billion net profit from Rp282 billion net profit in the previous year .

Disclosure: No position at the stock mentioned above.

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