Japfa Comfeed (JPFA) will pay a second dividend of Rp 50 per share

April 05, 2019, 02.51 PM | Reporter: Wahyu Tri Rahmawati

CORPORATE ACTION - JAKARTA. PT Japfa Comfeed Indonesia Tbk (JPFA, member of Kompas100 index) will pay final cash dividends of Rp 50 per share with a total of Rp 585.96 billion from the 2018 financial year.

Based on the announcement of the Indonesian Central Securities Depository, this is a schedule for the distribution of JPFA dividends:
1. Cum dividends on the regular market and negotiated markets: 11 April 2019
2. Cum dividends on the cash market: April 15, 2019
3. Date of recording (recording date): April 15, 2019
4. Date of payment of dividends: 30 April 2019

This dividend distribution is the final dividend for 2018. In September last year, JPFA also distributed Rp 50 per share interim dividends with a total value of Rp 585.96 billion.

Based on the report of the results of the general meeting of JPFA shareholders, the total dividends divided reached Rp 1.17 trillion or equivalent to Rp 100 per share. The total JPFA dividend payout ratio for the fiscal year 2018 reached 53.92% of last year's profit of Rp 2.17 trillion.