Update COVID-19 in Indonesia: 1,769,940 confirmed infections, 49,205 deaths (22 May 2021)
7 June 2021 (closed)
USD/IDR (14,146) -6.00 -0.04%
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Jakarta Composite Index (6,069.94) +4.77 +0.08%
Telekomunikasi Indonesia (Telkom), Indonesia's largest telecommunication & network provider, plans to conduct a stock split this year with a ratio of 1:5. This step will make Telkom's shares more affordable and increases its liquidity. Analysts have good projections for the company as it holds a dominant market position in Indonesia's telecommunication sector, a high dividend ratio, and good corporate management. Its share price gained 25.7 percent this year.
The company, which is state-controlled, will need approval from the Ministry of State-Owned Enterprises first.
Telkom's Financial Highlights:
|Income per share¹||540.38||579.52||586.54||559.67||669.19|
|P/E Ratio (x)||–||–||–||19.2||16.1|
|Dividend per share¹||296.94||288.06||322.59||371.34||436.18|
in trillion IDR Rupiah, except stated otherwise
¹ in IDR Rupiah
Source: Telekomunikasi Indonesia, Annual Report 2012