Yield 4.76%, Check the Dividend Distribution Schedule Prodia Widyahusada (PRDA)

DIVIDEND DISTRIBUTION - JAKARTA. PT Prodia Widyahusada Tbk (PRDA) has announced its decision to distribute dividends to its shareholders, a decision that was approved at the Annual General Meeting of Shareholders held on Thursday (18/4).

PRDA will distribute cash dividends amounting to IDR 155.59 billion. This amount represents a ratio of 60% of PRDA's total net profit last year.

Each PRDA shareholder will receive a dividend of IDR 165,967 per share. Thus, the estimated dividend yield generated by PRDA is 4.76%. This estimate is obtained by dividing the PRDA per share dividend by the last PRDA share price, which was at the level of IDR 3,480 at the close of trading on Monday (22/4).

Read Also: This is Prodia Widyahusada's (PRDA) Strategy to Achieve Revenue Increase in 2024

Here is the schedule for the distribution of PRDA's cash dividends:

• Cum Dividend in Regular and Negotiation Market: April 26, 2024
• Cum Dividend in Cash Market: April 30, 2024
• Ex Dividend in Regular and Negotiation Market: April 29, 2024
•  Ex Dividend in Cash Market: May 2, 2024
• Recording Date for Shareholders Entitled to Dividends: April 30, 2024
•  Cash Dividend Payment: May 17, 2024

Prodia recorded a net profit of IDR 259.3 billion throughout 2023. This realization decreased by 30.2% year-on-year (yoy). For comparison, Prodia's net profit in 2022 reached IDR 371.6 billion.

From the top line perspective, PRDA recorded revenue of IDR 2.22 trillion. This realization increased slightly by 2% annually compared to 2022.