Jumbo dividend in sight, UNVR saw uptrend in stock price
JAKARTA – PT Unilever Indonesia Tbk (UNVR) were seen climbing at today’s (24/6) morning session following shareholders’ decision to set dividend 8.45% higher for the fiscal year (FY) 2023 compared to FY 2022. Throughout last week (19-21/7), its price was only stuck at IDR 3,000 per share.
However, at this morning, UNVR was seen shifting IDR 40 to IDR 3,030 per share from the closing price last Friday of IDR 2,090 per share. Its market cap was recorded growing to IDR 115.59 trillion from IDR 79.73 trillion.
In the Annual General Meeting of Shareholders last Thursday (20/6), shareholders called for total dividend of IDR 5.34 trillion for FY 2023, relatively stable compared to 2022.
Interim dividend for FY 2023 was IDR 2.40 trillion or IDR 63 per share, down 8.69% from IDR 2.63 trillion or IDR 69 per share seen in FY 2022. However, its final dividend for FY 2023, of IDR 2.93 trillion or IDR 77 per share, was 8.45% higher than the previous allocation of IDR 2,70 trillion or IDR 71 per share.
UNVR’s net profit attributable to the parent entity in 2023 was IDR 4.80 trillion, while its retained earnings clocked up to IDR 3.19 trillion and total equity of IDR 3.38 trillion. In 2022, UNVR’s net profit was IDR 5.36 trillion, followed by retained earnings of IDR 3.80 trillion and total equity of IDR 3.99 trillion. (LK/ZH)