Dividend Coverage Telkom Rp 7.1 Trillion to Shareholders

PT Telekomunikasi Indonesia (Persero) will distribute a cash dividend of 55% of net income in 2012. The dividend equivalent to Rp 7.1 trillion, or a minimum of USD 369.1 per share.

In late 2012, the state-owned company posted a net profit of Rp 12.9 trillion or 17.2% when compared with net income in 2011 reached Rp 11 trillion.

Managing Director of Telkom, said Arief Yahya, profit growth was driven by the performance of the company’s subsidiary, Telkomsel, which performs continuous plume.

“Entities subsidiary, Telkomsel is still a major contributor to the company’s business,” Arief said the AGM in 2013, at the Ritz Carlton Pacific Place, Sudirman CBD, Jakarta, Friday (04/19/2013).

“In addition, a special cash dividend of 10% of net income of Rp 1.3 trillion, or at least Rp 67.1 per share,” he said.

The company also set aside retained earnings amounting to Rp 4.5 trillion, which would be used to finance the company’s business development.

In this meeting also approved the addition of members of the Board of Commissioners, by lifting the Commissioner Gatot Trihargo TLKM coded it.