PT Sumi Indo Kabel Tbk manufactures and sells cables and electrical equipment in Indonesia. The company's products include power, control and instrument, telecommunication, and automobile cables, as well as conductors. It also provides bare conductor cables, fire resistance cables, armored and non-armored cables, and low and medium voltage cables. In addition, the company offers low-voltage wires for batteries, earth bond low voltage wires, and vinyl insulated low voltage wires for automobiles, as well as steel wire amour cables for underground. Further, it offers special products, including laminated aluminum polyethylene polyamide, low temperature, solar, bonding, and rolling stock cables. The company was formerly known as PT IKI Indah Kabel Indonesia Tbk and changed its name to PT Sumi Indo Kabel Tbk in 1999. The company was founded in 1981 and is headquartered in Tangerang, Indonesia. PT Sumi Indo Kabel Tbk is a subsidiary of Sumitomo Electric Industries, Ltd.
Sumi Indo Kabel Dividend Announcement
• Sumi Indo Kabel announced a annually dividend of Rp34.31 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-03
• Sumi Indo Kabel annual dividend for 2024 was Rp34.31
• Sumi Indo Kabel annual dividend for 2023 was Rp15.78
• Sumi Indo Kabel's trailing twelve-month (TTM) dividend yield is 8.53%
• Sumi Indo Kabel's payout ratio for the trailing twelve months (TTM) is 24.16%
Sumi Indo Kabel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | Rp34.31 | annually | 2024-09-23 |
2023-09-05 | Rp15.78 | annually | 2023-09-25 |
2020-09-04 | Rp11.40 | annually | 2020-09-25 |
2019-07-31 | Rp8.79 | annually | 2019-08-22 |
2018-09-19 | Rp5.00 | annually | 2018-10-10 |
2017-09-20 | Rp19.07 | annually | 2017-10-12 |
2016-08-25 | Rp30.70 | annually | |
2015-07-23 | Rp26.69 | annually | |
2014-08-19 | Rp20.00 | annually | |
2013-08-13 | Rp0.01 | annually | |
2012-10-01 | Rp42.00 | annually | |
2011-07-20 | Rp10.00 | annually |
Sumi Indo Kabel Dividend per year
Sumi Indo Kabel Dividend growth
Sumi Indo Kabel Dividend Yield
Sumi Indo Kabel current trailing twelve-month (TTM) dividend yield is 8.53%. Interested in purchasing Sumi Indo Kabel stock? Use our calculator to estimate your expected dividend yield:
Sumi Indo Kabel Financial Ratios
Sumi Indo Kabel Dividend FAQ
Other factors to consider when evaluating Sumi Indo Kabel 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: Sumi Indo Kabel'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, Sumi Indo Kabel 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, Sumi Indo Kabel 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 Sumi Indo Kabel 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: Sumi Indo Kabel 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, Sumi Indo Kabel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sumi Indo Kabel 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 Sumi Indo Kabel'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 Sumi Indo Kabel'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.