PT Medco Energi Internasional Tbk, an energy and natural resources company, explores for and produces oil and gas. The company operates 11 exploration and production blocks, 1 development block, and 4 exploration blocks in Natuna, Sumatra, Kalimantan, Java, and Sulawesi in Indonesia; and holds oil and gas assets in the Vietnam, Thailand, Oman, Libya, Yemen, Malaysia, Mexico, and Tanzania. It also engages in the power business; copper and gold mining operations in Sumbawa Island, Nusa Tenggara; and operation of compression station with three gas compressors and 10 pipeline facilities in Gunung Megang, South Sumatra. The company was formerly known as PT Medco Energi Corporation and changed its name to PT Medco Energi Internasional Tbk in 2000. The company was founded in 1980 and is headquartered in Jakarta, Indonesia. PT Medco Energi Internasional Tbk is a subsidiary of PT Medco Daya Abadi Lestari.
Medco Energi Internasional Dividend Announcement
• Medco Energi Internasional announced a semi annually dividend of Rp15.75 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-14
• Medco Energi Internasional annual dividend for 2024 was Rp45.07
• Medco Energi Internasional annual dividend for 2023 was Rp38.79
• Medco Energi Internasional's trailing twelve-month (TTM) dividend yield is 5.13%
• Medco Energi Internasional's payout ratio for the trailing twelve months (TTM) is 16.67%
Medco Energi Internasional Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-14 | Rp15.75 | semi annually | 2024-11-01 |
2024-06-10 | Rp29.32 | semi annually | 2024-06-28 |
2023-11-30 | Rp15.00 | semi annually | 2023-12-15 |
2023-06-13 | Rp23.79 | semi annually | 2023-07-03 |
2022-08-19 | Rp14.86 | semi annually | 2022-09-08 |
2022-08-05 | Rp20.87 | semi annually | 2022-08-26 |
2015-04-28 | Rp0.00 | semi annually | |
2014-05-28 | Rp0.00 | semi annually | |
2013-05-21 | Rp0.00 | semi annually | |
2012-06-04 | Rp0.01 | semi annually | |
2011-06-14 | Rp0.01 | semi annually | |
2010-06-22 | Rp0.00 | semi annually | |
2009-08-04 | Rp0.01 | semi annually | |
2007-06-20 | Rp0.01 | semi annually | |
2006-05-30 | Rp0.01 | semi annually |
Medco Energi Internasional Dividend per year
Medco Energi Internasional Dividend growth
Medco Energi Internasional Dividend Yield
Medco Energi Internasional current trailing twelve-month (TTM) dividend yield is 5.13%. Interested in purchasing Medco Energi Internasional stock? Use our calculator to estimate your expected dividend yield:
Medco Energi Internasional Financial Ratios
Medco Energi Internasional Dividend FAQ
Other factors to consider when evaluating Medco Energi Internasional 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: Medco Energi Internasional'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, Medco Energi Internasional 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, Medco Energi Internasional 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 Medco Energi Internasional 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: Medco Energi Internasional 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, Medco Energi Internasional distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Medco Energi Internasional 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 Medco Energi Internasional'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 Medco Energi Internasional'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.