TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Indofood ICBP approves Rp 154 per share dividend

Anton Hermansyah (The Jakarta Post)
Jakarta
Fri, June 2, 2017 Published on Jun. 2, 2017 Published on 2017-06-02T14:51:48+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Indofood president director Anthoni Salim Indofood president director Anthoni Salim (tribunnews.com/File)

C

onsumer goods firm PT Indofood CBP Sukses Makmur (ICBP) approved a Rp 154 (1.16 US cents) per share dividend during a shareholders meeting in Jakarta on Friday.

The company has issued a total of 11.66 billion shares, meaning that the total dividend is worth Rp 1.8 trillion.

The dividend payout ratio is 49.46 percent of Rp 3.63 trillion net income of 2016, an increase by 24.22 percent from Rp 2.92 trillion in 2015. The dividend will be paid on July 4.

"I would like to express my sincere gratitude to all our stakeholders for their continuing trust and support," said Indofood president director Anthoni Salim in a statement after the shareholder's meeting in Jakarta on Friday.

“ICBP's strong performance in 2016 would not have been possible without our close teamwork and tenacity in strategy execution.”

In the first quarter of 2017, the company recorded Rp 1.15 trillion net income, increasing by 15.13 percent from the figure in the same period in 2016.

Part of the Indofood Group, ICBP produces consumer goods products including noodles, dairy, snacks, and beverages. (bbn)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.