Jakarta, CNBC Indonesia – The issuer of milk and dairy products, PT Cisarua Mountain Dairy Tbk (CMRY) alias Cimory, will distribute a cash dividend of Rp 500 billion or 63.27% of net profit for the 2021 financial year.
As quoted from information disclosure, Sunday (12/6/2022), the cash dividend is equivalent to Rp. 63.01 per share.
This was stated in the results of the Annual General Meeting of Shareholders (AGM) which was held on June 9, 2022. The Company’s Net Profit for the 2021 Fiscal Year totaled Rp. 790.2 billion.
In addition to dividends, the company will also set aside Rp 15.87 billion as a reserve. The remaining Net Profit will be added to Retained Earnings for the development of the Company’s business activities.
Check out the complete schedule for the distribution of CMRY’s dividends below.
End of Trading Period of Shares With Dividend Rights (Cum Dividend):
• Regular Market and Negotiation : 17 June 2022
• Cash Market : June 21, 2022
Beginning of Stock Trading Period Without Dividend Rights (Ex Dividend):
• Regular Market and Negotiation : 20 June 2022
• Cash Market : 22 June 2022
List of Shareholders entitled to Dividends (Recording Date): 21 June 2022
Cash Dividend Payment Date for Financial Year 2021: 28 June 2022
Cimory President Director Farell Sutantio said the cash dividend was distributed taking into account the Company’s business growth projections and healthy operating cash flow.
“In the future, the Company will continue to review the amount of cash dividends for shareholders in accordance with economic conditions and the company’s business performance. We are committed to maintaining the Company’s business growth so that it can continue to provide optimal returns to the Company’s shareholders,” explained Farell.
In addition to the distribution of dividends, the results of the AGMS also accepted and approved the resignation of Mr. Yerki Teguh Basuki from his position as Director of the Company.
Accordingly, the composition of the Company’s Board of Directors as of the closing of the Meeting until the closing of the Company’s 2026 Annual General Meeting of Shareholders is as follows:
President Director: Farell Grandisuri
Director: Axel Sutantio
Direktur: Bharat Shah Joshi
Director: Martua Parningotan Sihaloho
Director: Arjoso Wisanto
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