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CPIN - Charoen Pokphand Indonesia

CPIN - Will held Annual General Meeting of Shareholders

22 May 2023

Charoen Pokphand Indonesia (CPIN) has scheduled an annual general meeting of shareholders (GMS) on Monday, May 22, 2023. One of the agenda items that will be discussed at the investor meeting is the use of dividends for the 2022 financial year. CPIN is listed as an issuer that has never failed to distribute dividends in the last 5 years. At the 2022 Annual General Meeting of Shareholders, which discussed the use of net profit for the 2021 financial year, the shareholders agreed to distribute IDR108 per share, or a total of IDR1.77 tn, as dividends. This value reflects a dividend payout ratio of 48.87%. The largest dividend in the last five years was paid by CPIN on June 18, 2019, for the 2018 financial year. At that time, dividends reached IDR118 per share, or a total of IDR1.93 tn, which is equivalent to a dividend payout ratio (DPR) of 42.44%. (Source : Bisnis Indonesia).

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