There is a Royal Issuer for Dividends, its Share Price Soars

Jakarta,- Sinar Mas Group coal issuer, PT Golden Energy Mines Tbk (GEMS) shares increased 2.11% to IDR 7,275 on Friday (6/7/2024).

GEMS shares are soaring. In the last three months this stock is +21.25%.

Golden Energy Mines (GEMS) has paid an interim dividend for fiscal year 2024 of US$ 150 million (around Rp 2.41 trillion) or US$ 0.0255/share (Rp 410.42/share) on June 25, 2024.

The list of shareholders entitled to the GEMS interim dividend is those whose names are registered as shareholders of the company on June 12, 2024 at 16:00 WIB.

Previously, Golden Energy's (GEMS) cum interim dividend in the regular market and negotiation market was on June 10, 2024. Ex dividends on the regular market and negotiations market on June 11, 2024.

The interim dividend distribution of Golden Energy Mines (GEMS) - a Sinar Mas Group listed company - is based on the approval of GEMS' board of directors and commissioners dated May 29, 2024.

"The company has approved and decided to distribute the company's interim dividend for the fiscal year 2024 in the amount of US$ 150 million or equal to US$ 0.0255 per share," explained the directors of Golden Energy Mines in an information disclosure, recently.

The company is generous in distributing dividends. Previously, the company only paid the 2023 final dividend on June 7, 2024.

Golden Energy Mines' 2023 final dividend totals US$ 85 million (around Rp 1.36 trillion) or US$ 0.01445/share (Rp 232.12/share).

In total, GEMS paid two interim dividends for the 2023 financial year and one final dividend. The total value was US$ 500 million, of which US$ 325 million and US$ 90 million were distributed as interim dividends 1 and 2. The remaining US$ 85 million was distributed as the final dividend for fiscal year 2023.

Sources : Jul 06.24

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