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Sampoerna Agro pays dividend IDR108/share

JAKARTA: PT Sampoerna Agro Tbk will pay cash dividend of IDR108 per share for fiscal year 2010 totaling to IDR204.12 billion or 45% of companys net profit last year.The company paid dividend at IDR45 per share last year or 30% of 2009 net profit around

JAKARTA: PT Sampoerna Agro Tbk will pay cash dividend of IDR108 per share for fiscal year 2010 totaling to IDR204.12 billion or 45% of companys net profit last year.The company paid dividend at IDR45 per share last year or 30% of 2009 net profit around IDR281.77 billion.The cash dividend will be paid to shareholders on July 18, 2011, Sampoerna Agro President Director Eka Dharmajanto Kasih said.IDR10 billion is set as reserve fund and 2% of profit or IDR9 billion will be donated to Putera Sampoerna Foundation," he said in public disclosure today.Meanwhile the remaining IDR228.59 billion will be recorded as retained earnings to support the companys business expansion and its subsidiaries.Sampoerna agro has posted IDR452 billion net profit throughout 2010 or higher from IDR282 billion a year earlier. (t06/msw)

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