PT Midi Utama Indonesia Tbk engages in the retail of consumer products in Indonesia. The company operates through Food, Fresh Food, and Non-Food segments. It offers its products through fruit store network under the Midi Fresh name; minimarket network under the Alfamidi name; convenience stores under the Lawson name; and supermarket network under the Alfamidi super name. The company was formerly known as PT Midimart Utama. The company was founded in 2007 and is headquartered in Tangerang, Indonesia. PT Midi Utama Indonesia Tbk is a subsidiary of PT Sumber Alfaria Trijaya Tbk.
Midi Utama Indonesia Dividend Announcement
• Midi Utama Indonesia announced a annually dividend of Rp4.65 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-05-29
• Midi Utama Indonesia annual dividend for 2024 was Rp4.65
• Midi Utama Indonesia annual dividend for 2023 was Rp3.94
• Midi Utama Indonesia's trailing twelve-month (TTM) dividend yield is 1.11%
• Midi Utama Indonesia's payout ratio for the trailing twelve months (TTM) is 26.22%
• Midi Utama Indonesia's dividend growth over the last five years (2018-2023) was -17.22% year
• Midi Utama Indonesia's dividend growth over the last ten years (2013-2023) was 0.65% year
Midi Utama Indonesia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | Rp4.65 | annually | 2024-06-13 |
2023-05-29 | Rp3.94 | annually | 2023-06-16 |
2022-06-07 | Rp28.65 | annually | 2022-06-24 |
2021-05-20 | Rp19.76 | annually | 2021-06-09 |
2020-05-28 | Rp20.09 | annually | 2020-06-17 |
2019-05-27 | Rp15.73 | annually | 2019-06-19 |
2018-06-05 | Rp10.14 | annually | 2018-06-27 |
2017-05-29 | Rp19.43 | annually | 2017-06-21 |
2016-06-06 | Rp14.22 | annually | |
2015-06-04 | Rp13.74 | annually | |
2014-06-16 | Rp6.64 | annually | |
2013-07-02 | Rp3.70 | annually |
Midi Utama Indonesia Dividend per year
Midi Utama Indonesia Dividend growth
Midi Utama Indonesia Dividend Yield
Midi Utama Indonesia current trailing twelve-month (TTM) dividend yield is 1.11%. Interested in purchasing Midi Utama Indonesia stock? Use our calculator to estimate your expected dividend yield:
Midi Utama Indonesia Financial Ratios
Midi Utama Indonesia Dividend FAQ
Other factors to consider when evaluating Midi Utama Indonesia 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: Midi Utama Indonesia'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, Midi Utama Indonesia 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, Midi Utama Indonesia 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 Midi Utama Indonesia 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: Midi Utama Indonesia 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, Midi Utama Indonesia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Midi Utama Indonesia 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 Midi Utama Indonesia'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 Midi Utama Indonesia'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.