Jakarta, Indonesia Sentinel — As the end of 2024 approaches, investors are keeping a close eye on companies that traditionally distribute cash or interim dividends. With third-quarter financial reports soon to be released, several Indonesian firms are expected to announce dividends, making them attractive for dividend-focused investors.
Here are five companies known for their consistent year-end payouts:
1. PT Adaro Energy Indonesia Tbk (ADRO)
Adaro Energy, a leading coal producer owned by Garibaldi Thohir, has a history of distributing dividends twice annually. In 2024, ADRO paid a dividend of IDR 209.31 per share in May. Despite a 10.9% drop in net profit for the first half of 2024 (USD 779 million), the company is likely to stick to its pattern and distribute another round of dividends in December. This remains an attractive option for investors eyeing steady income from Indonesia’s energy sector.
2. PT Bank Central Asia Tbk (BBCA)
BBCA, Indonesia’s largest privately-owned bank controlled by the Hartono family, has consistently rewarded shareholders with dividends twice a year—typically in March and December. Earlier in 2024, BBCA paid IDR 227.5 per share, following strong financial results. The bank reported a net profit of IDR 41.1 trillion for the third quarter of 2024, an impressive 12.8% year-on-year increase. This solid performance suggests that BBCA will once again offer a substantial interim dividend in December, making it a stable choice for dividend-seeking investors.
3. PT Bank Rakyat Indonesia (Persero) Tbk (BBRI)
State-owned Bank BRI is another strong dividend payer. Historically, BRI distributes interim dividends in December. In the first half of 2024, BRI reported a net profit of IDR 29.9 trillion, a modest increase of 1.13% year-on-year. The bank’s robust performance, particularly in lending to small and medium-sized businesses, suggests a potential dividend payout of IDR 87 per share for December 2024, up from IDR 84 last year.
4. PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO)
Known for its herbal and pharmaceutical products, SIDO has consistently provided dividends twice annually. In May 2024, the company paid IDR 18 per share. With a 35.79% increase in net profit for the first half of the year, reaching IDR 608.49 billion, SIDO is expected to reward its shareholders again by the end of the year, maintaining its status as a reliable dividend-paying company.
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5. PT Unilever Indonesia Tbk (UNVR)
Unilever Indonesia, one of the country’s largest consumer goods companies, regularly distributes dividends twice a year. In mid-2024, it paid IDR 77 per share. While the company reported a 28.15% decline in net profit for the third quarter, standing at IDR 3 trillion, UNVR remains a stable dividend-paying stock, with another payout expected in December.
(Becky)
