JAKARTA. PT Asuransi Tugu Pratama Indonesia Tbk (TUGU), an insurance company under PT Pertamina (Persero), will allocate interim dividend of IDR 90.71 billion or IDR 25.51 per share.

The plan aligns with the decision made by the Board of Directors of TUGU last week. “It had been approved by the board of commissioners on November 24, 2023,” Rudy Samudra, Corporate Secretary of TUGU, said in the information disclosure in Indonesia Stock Exchange (IDX).

The interim dividend will be given out to TUGU’s shareholders whose names have been listed by the recording date on December 8, 2023. The payment is due December 20, 2023.

The financial record that establishes the allocation of interim dividend of TUGU is the net profit gained within the first nine months (9M) of 2023, amounting to IDR 1.12 trillion. In addition, the company recorded retained earnings of IDR 6.15 trillion.

According to IDNFinancials data, Pertamina now controls 58.50% of TUGU. Public investors acquire 20.31%, followed by UOB Kay Hian Pte. Ltd. of 15.89%, and Samsung Fire & Marine Co. Ltd. of 5.29%. (KR/ZH)