PT Indo Kordsa Tbk manufactures, markets, and sells tire cord fabrics and yarn filaments in Indonesia, Thailand, Korea, Japan, China, Vietnam, Turkey, Taiwan, Brazil, and internationally. The company offers nylon, polyester, and rayon fibers; fiber industrial yarns; and polyester raw materials. Its products are used to produce cord fabrics, which lend strength and flexibility to tires. The company was formerly known as PT Branta Mulia Tbk and changed its name to PT Indo Kordsa Tbk in 2007. The company was founded in 1981 and is headquartered in Bogor, Indonesia. PT Indo Kordsa Tbk operates as a subsidiary of Kordsa Teknik Tekstil A.S.
Indo Kordsa Dividend Announcement
• Indo Kordsa announced a semi annually dividend of Rp200.00 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-21
• Indo Kordsa annual dividend for 2024 was Rp400.00
• Indo Kordsa annual dividend for 2023 was Rp400.00
• Indo Kordsa's trailing twelve-month (TTM) dividend yield is 6.81%
• Indo Kordsa's payout ratio for the trailing twelve months (TTM) is 66.08%
• Indo Kordsa's dividend growth over the last five years (2018-2023) was -7.79% year
Indo Kordsa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-21 | Rp200.00 | semi annually | 2024-12-05 |
2024-06-24 | Rp200.00 | semi annually | 2024-06-27 |
2023-11-08 | Rp200.00 | semi annually | 2023-11-23 |
2023-06-15 | Rp200.00 | semi annually | 2023-06-26 |
2022-10-12 | Rp300.00 | semi annually | 2022-10-19 |
2022-06-17 | Rp200.00 | semi annually | 2022-06-29 |
2021-12-01 | Rp200.00 | semi annually | 2021-12-17 |
2021-06-18 | Rp400.00 | semi annually | 2021-06-29 |
2020-06-19 | Rp200.00 | semi annually | 2020-07-09 |
2019-12-02 | Rp200.00 | semi annually | 2019-12-19 |
2019-05-23 | Rp300.00 | semi annually | 2019-06-14 |
2018-11-21 | Rp200.00 | semi annually | 2018-11-30 |
2018-06-25 | Rp400.00 | semi annually | 2018-06-28 |
2017-06-14 | Rp150.00 | semi annually | 2017-06-22 |
2016-06-16 | Rp125.00 | semi annually | |
2015-07-03 | Rp100.00 | semi annually | |
2013-10-22 | Rp75.00 | semi annually | |
2013-07-02 | Rp100.00 | semi annually | |
2012-12-10 | Rp100.00 | semi annually | |
2012-07-11 | Rp50.00 | semi annually |
Indo Kordsa Dividend per year
Indo Kordsa Dividend growth
Indo Kordsa Dividend Yield
Indo Kordsa current trailing twelve-month (TTM) dividend yield is 6.81%. Interested in purchasing Indo Kordsa stock? Use our calculator to estimate your expected dividend yield:
Indo Kordsa Financial Ratios
Indo Kordsa Dividend FAQ
Other factors to consider when evaluating Indo Kordsa 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: Indo Kordsa'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, Indo Kordsa 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, Indo Kordsa 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 Indo Kordsa 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: Indo Kordsa 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, Indo Kordsa distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indo Kordsa 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 Indo Kordsa'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 Indo Kordsa'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.