ITM to distribute interim cash dividend
Thursday, November 4 2021 - 03:45 AM WIB
By Romel S. Gurky
IDX-listed coal miner PT Indo Tambangraya Megah Tbk (ITM) said it will distribute an interim cash dividend for the 2021 fiscal year of US$94.1 million or equivalent to Rp1,218 per share to its shareholders.
The dividend represents 80% of the company's reported net profit for the first semester of 2021.
The distribution of the interim cash dividend refers to the circular resolutions in lieu of the board of director meeting dated Oct. 29, 2021.
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The interim cash dividends will be paid out to the registered shareholders (Recording Date) on Nov. 12, 2021, no later than 16.00 WIT and/or to the shareholders who hold the company's shares at the sub-securities account of PT Kustodian Efek Indonesia (KSEI) on the closing of trading on that day.
ITMG produces coal via five subsidiaries in Kalimantan namely PT Indominco Mandiri, PT Trubaindo Coal Mining, PT Bharinto Ekatama, PT Kitadin Embalut and PT Jorong Barutama Greston.
Editing by Roffie Kurniawan