JAKARTA – The cash dividend of PT Indo Tambangraya Megah Tbk (ITMG) for the fiscal year 2023 is 47.27% lower than the dividend of 2022. However, the allocation of interim dividend actually increased 111.84% yoy from 2022.

In the information disclosure quoted Thursday (4/4), Monika Ida Krisnamurti, Corporate Secretary of ITMG, said that shareholders had agreed upon the dividend for the fiscal year 2023 of USD 325.21 million or IDR 4,407 per share.

Said dividend was made up of interim dividend of USD 199.27 million or IDR 2,660 per share, as well as the final dividend of USD 125.94 million or IDR 1,747 per share.

The cash dividend will be channelled in three weeks, on April 25, based on the official register of shareholders dated April 18. The cum and ex dividend in the regular and negotiation market is set to April 16-17, while the cum and ex dividend in the cash market follows on April 18-19.

In 2023, the issuer reportedly allocated dividend for the fiscal year 2022 of USD 332.92 million or IDR 4,258 per share, consisting of interim dividend of USD 94.06 million or IDR 1,218 per share and final dividend of USD 238.85 million or IDR 3,040 per share. (LK/ZH)