PT Budi Starch & Sweetener Tbk, together with its subsidiaries, produces and sells cassava-based products in Indonesia and internationally. The company offers tapioca and modified tapioca starch for use in food, paper, confectionery, chemicals, and instant noodles; and sweeteners, such as glucose, fructose, sorbitol, and maltodextrine. It also provides polypropylene woven bags for packaging applications; sulfuric acid for use in fertilizer manufacturing industries, rayon, dyes, medicines, detergents, inorganic salts, oil refineries, and metallurgical processes; citric acid and other chemicals; and organic fertilizers. The company was formerly known as PT Budi Acid Jaya Tbk and changed its name to PT Budi Starch & Sweetener Tbk in July 2013. PT Budi Starch & Sweetener Tbk was founded in 1979 and is headquartered in Jakarta Selatan, Indonesia.
Budi Starch & Sweetener Dividend Announcement
• Budi Starch & Sweetener announced a semi annually dividend of Rp5.00 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-13
• Budi Starch & Sweetener annual dividend for 2024 was Rp9.00
• Budi Starch & Sweetener annual dividend for 2023 was Rp14.00
• Budi Starch & Sweetener's trailing twelve-month (TTM) dividend yield is 3.98%
• Budi Starch & Sweetener's payout ratio for the trailing twelve months (TTM) is 33.68%
• Budi Starch & Sweetener's dividend growth over the last five years (2018-2023) was 28.47% year
Budi Starch & Sweetener Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-13 | Rp5.00 | semi annually | 2024-12-04 |
2024-06-25 | Rp4.00 | semi annually | 2024-07-10 |
2023-11-13 | Rp6.00 | semi annually | 2023-12-01 |
2023-05-24 | Rp8.00 | semi annually | 2023-06-14 |
2022-07-11 | Rp8.00 | semi annually | 2022-08-02 |
2021-08-10 | Rp6.00 | semi annually | 2021-09-02 |
2020-08-28 | Rp6.00 | semi annually | 2020-09-16 |
2019-07-02 | Rp5.00 | semi annually | 2019-07-16 |
2018-06-05 | Rp4.00 | semi annually | 2018-06-26 |
2017-06-14 | Rp2.50 | semi annually | 2017-07-07 |
2011-09-29 | Rp8.00 | semi annually | |
2011-06-14 | Rp5.10 | semi annually | |
2010-06-16 | Rp9.70 | semi annually | |
2009-09-04 | Rp6.00 | semi annually | |
2008-09-09 | Rp7.00 | semi annually | |
2008-07-11 | Rp2.00 | semi annually |
Budi Starch & Sweetener Dividend per year
Budi Starch & Sweetener Dividend growth
Budi Starch & Sweetener Dividend Yield
Budi Starch & Sweetener current trailing twelve-month (TTM) dividend yield is 3.98%. Interested in purchasing Budi Starch & Sweetener stock? Use our calculator to estimate your expected dividend yield:
Budi Starch & Sweetener Financial Ratios
Budi Starch & Sweetener Dividend FAQ
Other factors to consider when evaluating Budi Starch & Sweetener 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: Budi Starch & Sweetener'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, Budi Starch & Sweetener 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, Budi Starch & Sweetener 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 Budi Starch & Sweetener 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: Budi Starch & Sweetener 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, Budi Starch & Sweetener distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Budi Starch & Sweetener 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 Budi Starch & Sweetener'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 Budi Starch & Sweetener'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.