PT AKR Corporindo Tbk, a logistics and supply chain company, engages in distribution and trading of petroleum and basic chemical products primarily in Indonesia. It operates through four segments: Trading and Distribution, Logistics Services, Manufacturing, and Industrial Estate. The Trading and Distribution segment is involved in the distribution of petroleum products and various basic chemicals, such as caustic soda, sodium sulphate, PVC resins, and soda ash. The Logistics Services segment offers various logistics services, including rental of storage tanks and warehouses, bagging, port handling, and transportation services primarily for liquid and solid chemical, and petroleum products. The Manufacturing segment produces and sells adhesive materials. The Industrial Estate segment leases and sells industrial and port estates. The company was formerly known as PT Aneka Kimia Raya Tbk and changed its name to PT AKR Corporindo Tbk in September 2004. The company was incorporated in 1977 and is headquartered in Jakarta, Indonesia. PT AKR Corporindo Tbk is a subsidiary of PT Arthakencana Rayatama.
AKR Corporindo Dividend Announcement
• AKR Corporindo announced a quarterly dividend of Rp50.00 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-08-05
• AKR Corporindo annual dividend for 2024 was Rp100.00
• AKR Corporindo annual dividend for 2023 was Rp125.00
• AKR Corporindo's trailing twelve-month (TTM) dividend yield is 7.69%
• AKR Corporindo's payout ratio for the trailing twelve months (TTM) is 97.15%
• AKR Corporindo's dividend growth over the last five years (2018-2023) was -10.69% year
• AKR Corporindo's dividend growth over the last ten years (2013-2023) was 5.24% year
AKR Corporindo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | Rp50.00 | quarterly | 2024-08-15 |
2024-05-13 | Rp50.00 | quarterly | 2024-05-27 |
2023-11-03 | Rp25.00 | quarterly | 2023-11-15 |
2023-08-04 | Rp50.00 | quarterly | 2023-08-16 |
2023-05-10 | Rp50.00 | quarterly | 2023-05-24 |
2022-08-04 | Rp25.00 | quarterly | 2022-08-16 |
2022-05-18 | Rp17.00 | quarterly | 2022-05-24 |
2021-08-04 | Rp60.00 | quarterly | 2021-08-19 |
2021-05-11 | Rp75.00 | quarterly | 2021-05-28 |
2020-08-05 | Rp50.00 | quarterly | 2020-08-13 |
2020-05-13 | Rp50.00 | quarterly | 2020-06-03 |
2019-08-06 | Rp60.00 | quarterly | 2019-08-16 |
2019-05-10 | Rp120.00 | quarterly | 2019-05-17 |
2018-07-12 | Rp120.00 | quarterly | 2018-08-03 |
2018-05-14 | Rp100.00 | quarterly | 2018-05-25 |
2017-08-02 | Rp100.00 | quarterly | 2017-08-15 |
2017-05-02 | Rp50.00 | quarterly | 2017-05-19 |
2016-08-03 | Rp70.00 | quarterly | |
2016-05-10 | Rp20.00 | quarterly | |
2015-08-10 | Rp100.00 | quarterly | |
2015-05-13 | Rp30.00 | quarterly | |
2014-09-10 | Rp50.00 | quarterly | |
2014-06-06 | Rp15.00 | quarterly | |
2013-09-19 | Rp50.00 | quarterly | |
2013-06-03 | Rp25.00 | quarterly |
AKR Corporindo Dividend per year
AKR Corporindo Dividend growth
AKR Corporindo Dividend Yield
AKR Corporindo current trailing twelve-month (TTM) dividend yield is 7.69%. Interested in purchasing AKR Corporindo stock? Use our calculator to estimate your expected dividend yield:
AKR Corporindo Financial Ratios
AKR Corporindo Dividend FAQ
Other factors to consider when evaluating AKR Corporindo as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: AKR Corporindo's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, AKR Corporindo publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, AKR Corporindo distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from AKR Corporindo are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: AKR Corporindo sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, AKR Corporindo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AKR Corporindo declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of AKR Corporindo's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review AKR Corporindo's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.