Seven Issuers Will Cum Date Dividend Next Week, Which Are Interesting To Observe?

Reporter: Ika Puspitasari | Editor: Tendi Mahadi

KONTAN.CO.ID – JAKARTA. Several issuers plan to distribute dividends for the 2021 financial year. At least, there are seven issuers that will distribute final dividends with with data next week.

First there is PT Adira Dinamika Multi Finance Tbk (ADMF), then PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (BJBR), PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA), PT Sido Muncul Pharmaceutical and Herbal Industry Tbk (BEEN), PT Eastparc Hotel Tbk (EAST), PT Bank Danamon Indonesia Tbk (BDMN), and PT Bank Maybank Indonesia Tbk (BNII).

If referring to the stock price as of Friday (1/4), ADMF offers yield dividends around 7.12%, BJBR 6.51%, SDRA 3.24%, SIDO 2.38%, EAST 1.46%, BDMN 2.31%, and BNII 2.14%.

Equity Analyst Pilarmas Investindo Desy Israhyanti saw that the dividend distribution of several issuers was quite attractive in terms of the nominal to be distributed, for example ADMF of Rp. 607, BDMN of Rp. 56.33, and SIDO of Rp. 22.7.

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However, continued Desy, a high nominal does not mean the most profitable. So that, dividend yield can be used as a benchmark for how much profit is obtained from the distribution of dividends.

He observes dividend yield interesting one is ADMF. Meanwhile, BDMN with dividend yield 2.31% and SIDO with dividend yield 2.38% is considered quite competitive.

“Usually, when with data stock prices will rise as investors scramble in to get dividends. After that, there is the potential for a decrease in stock prices,” he said to Kontan, Sunday (3/4).

Meanwhile, from a fundamental point of view, the trend in profitability does vary slightly. As seen from the CAGR of 5-year net profit, EAST shares grew positively 43% and SIDO grew 19%.

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Meanwhile, ADMF corrected 3% and BDMN fell 16%, still contracting as a result of the pandemic if the 5-year trend is drawn. However, Desy explained that if you look at the yoy performance of the issuers, it is observed that they have recovered, which grew positively by 3% and 9%, respectively.

In terms of valuation, Desy added that ADMF and BDMN shares are relatively cheaper for their respective industries. He further explained that only EAST and SIDO shares are now relatively more expensive.