Be picky about High Dividend 20 index stocks, which ones are interesting to collect?

Reporter: The first is blessed | Editor: Yudho Winarto

KONTAN.CO.ID – JAKARTA. Issuers occupying the High Dividend 20 Index are recorded to have started distributing dividends. One example is PT Bank Central Asia Tbk (BBCA) which distributes a cash dividend of Rp 530 per share including an interim dividend of Rp 98 which was distributed on 22 December 2020. This dividend of Rp 432 per share will be paid on 28 April 2021.

On the same date, PT Bank Rakyat Indonesia Tbk (BBRI) will also pay a cash dividend for the 2020 financial year of IDR 98.91 per share.

Furthermore, PT Bank Negara Indonesia Tbk (BBNI) which will pay dividends for the 2020 financial year of IDR 44.02 per share on April 30, 2021. Then PT Bank Mandiri Tbk (BMRI) will pay in advance on April 12, 2021, amounting to Rp. 220.27 per share.

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If you pay attention to issuers who have announced that they will distribute dividends in the High Dividend 20 index, it can be seen that there has been a decrease in the nominal dividend and dividend yield in the 2020 financial year. This also happens to issuers that have not announced dividend distribution, but are assumed to be distributing dividends with the same payout ratio. like the 2019 book year.

For example, PT Astra International Tbk (ASII) which has a plan to distribute a final dividend of Rp. 114 in the 2020 financial year. In October 2020, ASII has paid a portion or an interim dividend of Rp. 27.

With the assumption of the final dividend and the closing price on Thursday (8/4) of Rp 5,300, ASII’s dividend yield is 2.15%.

As a comparison, in the 2019 financial year ASII distributed a final dividend of IDR 21420. The dividend yield was recorded at 4.63% from the cum date price of IDR 4,620.

Precisely what shows the opportunity to distribute a greater dividend value is PT Indofood Sukses Makmur Tbk (INDF). This issuer distributes dividends of Rp 278 per share in the 2019 financial year, with a dividend payout ratio of 49.73%.