Rising Earnings of Indonesian Firms in 2016, More Dividend in 2017?
Improving corporate earnings of Indonesia's listed companies in full-year 2016 should mean shareholders can expect to receive more dividend payouts this year. Based on data from Kustodian Sentral Efek Indonesia (KSEI), so far this year 33 listed companies on the Indonesia Stock Exchange have announced their payout ratio. However, many more are expected to follow. Considering the generally improving financial reports, we expect more companies to distribute dividend in 2017 compared to last year's 248 listed companies.
For example, coal mining company Indo Tambangraya Megah, which benefited of the surging coal price in the second half of 2016, announced to pay IDR 1,142.86 (approx. USD $0.09) per share in dividend after it posted a 107.1 percent year-on-year (y/y) increase in net profit to USD $130.7 million last year (pay out ratio of 99.84 percent). So far, this is the biggest dividend pay out of Indonesia's listed companies in 2017.
Read more: Corporate Earnings Reports Indonesia's Listed Companies FY-2016
Selection of Companies' Dividend Payout in 2017:
| Company | Dividend (IDR/share) |
| Adaro Energy | 25.62 |
| Bank Pembangunan Daerah Jawa Timur | 43.64 |
| Batavia Prosperindo Finance | 22.05 |
| PP Properti | 1.30 |
| Adhi Karya | 26.40 |
| Wijaya Karya Beton | 9.80 |
| Waskita Beton Precast | 12.04 |
| Bank Mandiri | 266.26 |
| Baramulti Suksessarana | 178.29 |
| Bank Rakyat Indonesia | 428.60 |
| Jasa Marga | 78.93 |
| Bank Negara Indonesia | 212.80 |
| Pembangunan Perumahan | 49.52 |
| Bank Tabungan Negara | 49.45 |
| Waskita Karya | 37.87 |
| Wijaya Karya | 33.63 |
| Provident Agro | 85.00 |
| Lippo Karawaci | 1.94 |
| Garuda Metalindo | 27.77 |
| Indo Tambangraya Megah | 1,142.86 |
| Bank Maybank Indonesia | 5.75 |
| Semen Indonesia | 304.92 |
| Dharma Satya Nusantara | 5.00 |
| Bank Mega | 83.13 |
| Japfa Comfeed Indonesia | 50.00 |
Source: KSEI