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United Tractors (UNTR) Distributes Cash Dividend of IDR 1,240 Per Share from Profit in 2021

ILLUSTRATION. A number of Komatsu heavy equipment belonging to United Tractors. KONTAN/Cheppy A. Muchlis/

Reporter: Akhmad Suryahadi | Editor: Herlina Kartika Dewi

KONTAN.CO.ID – JAKARTA. PT United Tractors Tbk (UNTR) will distribute cash dividends to shareholders in the amount of IDR 4.6 trillion or equivalent to 45% of net profit in 2021.

Holders of one UNTR share will receive a dividend of Rp 1,240. In detail, Rp. 335 or a total of Rp. 1.2 trillion has been paid as an interim dividend in October 2021. While the remaining Rp. 905 or Rp. 3.4 trillion will be distributed as dividends on May 11, 2022.

United Tractors Director Iwan Hadiantoro said, in distributing dividends to shareholders, UNTR adjusted cash and cash flow conditions as well as the company’s future plans regarding the allocation of capital expenditures or capital expenditures. capital expenditure or capex and investment projects.

Also Read: Semen Indonesia (SMGR) Distributes Dividend of IDR 172.64 per Share, Here’s Yield and Schedule

“If there is an excess, it will be returned as dividends to shareholders,” explained Iwan in a press conference at the United Tractors annual general meeting (GMS) which was held virtually, Friday (8/4).

As an illustration, this subsidiary of PT Astra International Tbk (ASII) posted a net profit of IDR 10.28 trillion throughout 2021. This realization rose 71.2% from the net profit recorded in 2020 of IDR 6 trillion.

From the topline, UNTR posted revenue of Rp. 79.46 trillion in 2021, up 31.67% from 2020 which was Rp. 60.34 trillion.

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