Cikarang Listrindo Announces Interim Dividend Distribution of US$22.94 Million
Executive Summary
Key insights and market outlook
PT Cikarang Listrindo Tbk (POWR) has announced an interim dividend distribution of US$22.94 million for the 2025 financial year. The dividend per share is Rp24.2, with the total value determined at US$22,946,956. The distribution will be made in Indonesian Rupiah based on Bank Indonesia's middle rate on November 12, 2025, at Rp16,698 per USD.
Deep Dive Analysis
Cikarang Listrindo Announces Significant Interim Dividend Distribution
Dividend Details
PT Cikarang Listrindo Tbk (POWR), listed on the Indonesia Stock Exchange, has declared an interim dividend for the financial year 2025 amounting to US$22.94 million. The company's Corporate Secretary, Rani Maheswari, confirmed that the decision was made following the approval of the Board of Directors by the Board of Commissioners on November 12, 2025.
Distribution Mechanics
The dividend per share has been set at Rp24.2, with the total distribution valued at US$22,946,956. The payment will be made in Indonesian Rupiah, with the conversion rate based on Bank Indonesia's middle rate on the date of the board meeting (November 12, 2025), which was Rp16,698 per USD. This translates to a significant distribution to shareholders, reflecting the company's strong financial performance.
Market Implications
The announcement demonstrates Cikarang Listrindo's commitment to returning value to its shareholders while maintaining its financial stability. This dividend distribution is expected to be well-received by investors, potentially having a positive impact on the company's stock performance.
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Key Events
Interim Dividend Announcement
Dividend Distribution Decision