JAKARTA – The confectionery producer operating since 1996, PT Yupi Indo Jelly Gum Tbk (YUPI), is committed to distributing dividends of up to 80% of its total net profit after conducting its Initial Public Offering (IPO).

YUPI’s management disclosed the plan in its initial IPO prospectus. "The dividends to be distributed by the company will be paid in cash and in Indonesian rupiah," YUPI’s management stated.

As previously reported by IDNFinancials.com, YUPI will offer as many as 854.44 million shares. This is equivalent to 10% of the company’s issued and paid-up capital after the IPO.

Each share will be offered at a price range of IDR 2,100 to IDR 2,500 per share during the initial offering period (book building).

In 2024, YUPI posted a net profit of IDR 484.25 billion. With a dividend payout ratio of 80%, the dividend value would be IDR 387.4 billion, or equivalent to IDR 453.4 per share.

Assuming the share offering price is set at the upper limit of IDR 2,500 per share, YUPI’s dividend yield would be 18.14%. (KR/ZH)