Bakrie Land, Dream, Deliver

Loading please wait

Dividend Policy

As a public company, Bakrieland plans to disburse a cash dividend each year in association with, among other things, profits gained during the corresponding fiscal year and Bakrieland’s obligation to allocate reserve funds in accordance to the applicable rules and the Company’s financial condition. In addition, Bakrieland’s future growth rate is also an important consideration in dividend disbursement.

By not disregarding the Company’s financial condition and without reducing the rights of Bakrieland’s General Meeting of Shareholders to determine otherwise and as stipulated in its Articles of Association, for each fiscal year ended on 31 December, the Management proposes to disburse cash dividends to the shareholders whose names are registered in the Shareholders List, a maximum of 50% of net income, except as determined otherwise by the General Meeting of Shareholders.