Dividend
Stock Dividend
Dividends on shares represent the distribution of the Company’s net profit to shareholders as a form of return on their share ownership. The amount of dividends distributed and the payout ratio are determined during the Annual General Meeting of Shareholders (AGMS). Below are the details of Bukit Asam’s dividend distribution over the past several years.
| Year of Distribution | Fiscal Year | Announcement Date | Payment Date | Cash Dividend Distributed (Rp) | Dividend per Share (Rp/share) | Number of Shares Entitled to Dividend (shares) | Payout Ratio (%) |
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | June 12, 2025 | July 11, 2025 | 3,827,790,011,741 | 332.44 | 11,514,357,250 | 75 |
| 2024 | 2023 | May 8, 2024 | June 7, 2024 | 4,579,392,004,320 | 397.71 | 11,514,357,250 | 75 |
| 2023 | 2022 | June 15, 2023 | July 14, 2023 | 12,567,581,927,964 | 1,094.05 | 11,487,209,350 | 100 |
| 2022 | 2021 | May 24, 2022 | June 24, 2022 | 7,909,115,945,615 | 688.52 | 11,487,209,350 | 100 |
| 2021 | 2020 | April 5, 2021 | May 7, 2021 | 835,386,571,935 | 74.69 | 11,184,061,250 | 35 |
| 2020 | 2019 | June 10, 2020 | July 10, 2020 | 3,651,199,955,694 | 326.46 | 11,184,061,250 | 90 |
| 2019 | 2018 | April 25, 2019 | May 29, 2019 | 3,767,959,262,485 | 339.63 | 11,094,269,550 | 75 |
| 2018 | 2017 | April 13, 2018 | May 11, 2018 | 3,357,332,790,583 | 318.52 | 10,540,375,750 | 75 |
| 2017 | 2016 | April 25, 2017 | May 24, 2017 | 601,856,151,188 | 285.50 | 2,108,075,150 | 30 |
| 2016 | 2015 | April 18, 2016 | May 18, 2016 | 610,772,613,210 | 289.73 | 2,108,075,150 | 30 |
Dividend Policy
The distribution of dividends is determined by the resolution of the General Meeting of Shareholders (GMS). Dividends can only be distributed in accordance with the Company’s financial capacity. The GMS must also determine the timing and procedures for dividend payments. Dividends on shares must be paid to the person whose name is registered in the Shareholders Register, subject to the provisions of the applicable Articles of Association or the authority of the GMS deciding on the dividend distribution, without prejudice to the regulations of the Stock Exchange where the Company’s shares are listed. The Company’s dividend policy is in accordance with its Articles of Association and refers to the Prospectus of the Initial Public Offering (IPO) conducted in 2002. According to the Prospectus, the Company has set a cash dividend policy of a minimum of 30% (thirty percent) of profit after tax, unless otherwise determined by the GMS.