JAKARTA - PT Sarana Menara Nusantara Tbk (TOWR) will distribute an interim dividend of IDR 300.22 billion. The company's share price fell 13.48% in the past month.

Monalisa Irawan, Corporate Secretary of TOWR, said that the distribution of the interim dividend was a decision of the board of directors, and has been approved by the company's board of commissioners. Management has set cum dividends in the regular and negotiation markets on 6 January 2025 and in the cash market on 7 January 2025.

Each holder of 1 TOWR share will receive an interim dividend of IDR 6, which will be paid on 22 January 2025.

According to idnfinancials.com data, TOWR's share price in today's trade corrected 0.81% or 5 points to Rp 610 per share as of 14.09 WIB. In the past month, the share price of the Djarum Group-owned company has fallen 13.48% or 95 points.

As of 30 September 2024, TOWR has booked a net profit of Rp 2.45 trillion. The company also has a retained earnings balance of IDR 18.23 trillion. Meanwhile, the company's total equity was recorded at IDR 18.27 trillion. (KR/LM)