JAKARTA – PT Blue Bird Tbk (BIRD), a transportation sector company, revealed plans to distribute dividends for the 2025 fiscal year.

Adrianto Djokosoetono, President Director of BIRD, stated that the company has consistently distributed dividends almost every year. However, the certainty for the 2024 fiscal year is still awaiting the Annual General Meeting of Shareholders (AGM).

"I cannot pre-empt the decision of the AGM. But it seems that we only skipped distributing dividends once, during the Covid-19 pandemic, at the 2021 AGM," Adrianto mentioned in an official statement on Thursday (13/3).

Adrianto emphasised that BIRD’s management would still propose dividend distribution to shareholders at the meeting.

According to IDNFinancials.com, BIRD approved the distribution of dividends amounting to IDR 227.69 billion or IDR 91 per share for the 2023 fiscal year. The total distributed dividend was equivalent to 50.27% of BIRD’s net profit.

On Friday (14/3), BIRD’s stock price dropped 1.32% to IDR 1,500 per share as of 11:15 WIB. Over the past five days, GOOD’s stock price decreased by 3.54%. (DK/KR/ZH)