PT Lippo General Insurance Tbk provides various insurance products in Indonesia. The company offers fire, motor vehicles, credit insurance and bonds, marine cargo, health, life and death, and other insurance products. It operates through branches and marketing offices located in Karawaci, Medan, Surabaya, Palembang, Bandung, Semarang, Solo, Pekanbaru, Cikarang, Makassar, Balikpapan, and Bali. The company was formerly known as PT Asuransi Marga Pusaka and changed its name to PT Lippo General Insurance Tbk in July 1991. PT Lippo General Insurance Tbk was founded in 1963 and is headquartered in Jakarta Selatan, Indonesia.
Lippo General Insurance Dividend Announcement
• Lippo General Insurance announced a annually dividend of Rp27.00 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-13
• Lippo General Insurance annual dividend for 2024 was Rp27.00
• Lippo General Insurance annual dividend for 2023 was Rp54.00
• Lippo General Insurance's trailing twelve-month (TTM) dividend yield is 7.38%
• Lippo General Insurance's payout ratio for the trailing twelve months (TTM) is 14.06%
• Lippo General Insurance's dividend growth over the last five years (2018-2023) was -26.10% year
• Lippo General Insurance's dividend growth over the last ten years (2013-2023) was -4.98% year
Lippo General Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-13 | Rp27.00 | annually | 2024-05-31 |
2023-07-11 | Rp54.00 | annually | 2023-08-02 |
2022-07-11 | Rp1333.34 | annually | 2022-08-03 |
2021-07-02 | Rp279.00 | annually | 2021-07-23 |
2020-08-19 | Rp214.00 | annually | 2020-09-09 |
2019-04-25 | Rp325.00 | annually | 2019-05-10 |
2018-06-27 | Rp245.00 | annually | 2018-07-19 |
2017-05-19 | Rp170.00 | annually | 2017-06-09 |
2016-05-03 | Rp165.00 | annually | |
2015-06-05 | Rp180.00 | annually | |
2014-05-19 | Rp167.00 | annually | |
2013-05-28 | Rp90.00 | annually |
Lippo General Insurance Dividend per year
Lippo General Insurance Dividend growth
Lippo General Insurance Dividend Yield
Lippo General Insurance current trailing twelve-month (TTM) dividend yield is 7.38%. Interested in purchasing Lippo General Insurance stock? Use our calculator to estimate your expected dividend yield:
Lippo General Insurance Financial Ratios
Lippo General Insurance Dividend FAQ
Other factors to consider when evaluating Lippo General Insurance 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.
Place an order: Use the brokerage's trading platform to place an order to buy Lippo General Insurance stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Lippo General Insurance'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, Lippo General Insurance 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, Lippo General Insurance 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 Lippo General Insurance 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: Lippo General Insurance 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, Lippo General Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lippo General Insurance 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 Lippo General Insurance'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 Lippo General Insurance'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.