JAKARTA - PT Bank Maybank Indonesia Tbk (BNII) occupies the High Dividend category in Index52 which was launched last weekend (23/6). This issuer recorded a dividend yield growth of 2.21% in five years.

Index52 is the latest index that can be used as an alternative index for young investors. This index is compiled based on a number of criteria, including market capitalization (market cap), frequency and volume of shares traded per day, amount of free float, and number of shareholders.

The four categories in this index include Main Index52, High Dividend Index52, High Growth Index52, and Big Market Cap Index52. The main index with the lowest market cap is IDR 21 trillion and the highest is IDR 1.02 quadralian. The market cap on this index represents 66.75% of the total market cap on the IDX; High Dividend Index, a collection of 52 issuers with a maximum dividend yield of 24.21% and a market cap of 60% of the total market cap on the IDX; The High Growth Index consists of 52 constituents, the maximum net profit growth is 237.19% with a market cap of 56% of the total market cap; The Big Market Cap Index consists of 52 constituents with the lowest market cap of IDR 19 trillion, the number of shareholders per issuer is above 3,000 and the market cap is 69.08% of the total market cap on the IDX.

The financial sector (banking) is the largest contributor to each index category because it has a larger market cap among other business sectors, followed by the coal mining and energy, consumer goods, and infrastructure sectors including telecommunications. (LK/LM)