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Tuesday, May 11, 2010

ECONOMIC FLASH

PT BA For Dividend Rp 533


PT Tambang Bukit Asam Tbk (PTBA) is planning to distribute a final dividend of Rp 1.22 trillion, or Rp. 533 per share. Dividend is equivalent to 15 june 2010 net income of 45 percent of the company in 2009. The final dividend was decided at the Annual General Meeting of Shareholders of PT BA. President Director of PT BA Soekrisno said earlier PTBA has declared an interim dividend for 2009 amounting to Rp. 153 billion, payable December 15, 2009. Thus, the remainder of the dividend 15 June 2010 amounted to Rp.1.07 trillion. "Those who will receive this dividend is that his name had been registered as a shareholder until 1 June 2010," he said. PTBA final dividend for 2009 amounting to Rp. 1:22 trillion, or Rp. 533 per share is greater than the final dividend the company in 2008 amounted to Rp.853.5 billion or Rp.371.05 per share.

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