JAKARTA - PT Multi Prima Sejahtera Tbk (LPIN) sets aside 56.02% of total net profit attributable to the parent company as cash dividend for the fiscal year (FY) 2023. It is higher than the dividend allocation in FY 2022, of approximately 23.90% of total net profit.

As quoted from the information disclosure today (14/4), Rivaldi Yason Santosa, Corporate Secretary of LPIN, confirmed that the total dividend is set to IDR 1.62 billion or IDR 25 per share from the total net profit attributable to the parent entity of IDR 18.9 billion in FY 2023. The remaining IDR 8.14 billion is stored as retained earnings, while another IDR 200 million is saved as general reserve.

This company also recorded retained earnings of IDR 219.89 billion and total equity of IDR 317.66 billion.

The dividend payment will be disbursed on June 10, 2024, to those listed under Official Register of Shareholders by May 22, 2024. The cum and ex dividend date in the regular and negotiation market is set to May 20 and 21, while the cum and ex dividend in the cash market follows on May 22 and 27.

In 2022, it allocated IDR 6.37 billion as cash dividend of IDR 15 per share, taken out of its net profit of IDR 26.67 billion. The approximate remaining amount of IDR 20.98 billion was set aside as retained earnings, and similarly, another IDR 200 million is saved as general reserve.

In 2022, its retained earnings were reported at IDR 207.90 billion, while total equity clocked up to IDR 304.75 billion. (LK/ZH)