JAKARTA - PT Industri Jamu dan Herbal Sido Muncul Tbk (SIDO) is allocating interim dividend of IDR 540 billion from its net profit of H1 2024.

In the information disclosure quoted Friday (25/10), Tiur Simamora, Corporate Secretary of SIDO, mentioned that the dividend distribution is made according to the decision made by the board and approved by the board of commissioner yesterday (23/10). The dividend per share is set to IDR 18.

The allocation refers to its net profit as of June 2024 of IDR 608.48 billion, unrestricted retained earnings of IDR 994.41 billion, and total equity of IDR 3.46 trillion.

The management of SIDO scheduled cum and ex dividend date in the regular and negotiation market on November 4-5, 2024, with the cum and ex dividend in the cash market on November 6-7, 2024.

The payment will then be made on November 20, referring to the recording date of Official Registers of Shareholders on November 6, 2024. (LK/ZH)