Release: PT Inco approves an interim 2010 dividend of $0.02 per share
Thursday, September 16 2010 - 09:05 AM WIB
September 16, 2010 --- PT International Nickel Indonesia Tbk ( PT Inco) today announced that the Board of Commissioners of the Company approved the proposal of the Board of Directors to distribute an interim 2010 dividend in aggregate of approximately US$200 million or US$0.02 per share.
The dividend is payable on October 22, 2010 to shareholders of record as of October 8, 2010. Indonesian shareholders will be paid in the Rupiah equivalent of the US dollar amount based on the Bank of Indonesia middle rate on October 8, 2010. Foreign shareholders will be paid in US dollars.
The decision to pay a total interim dividend of $0.02 per share was made in light of the Company?s strong performance through the first six months of 2010 and its current strong financial condition. (end of edited release)