Bumitama Agri - Maybank Research 2023-04-06: Dividend Galore; FY22 Dividend Beats Our Expectation

• Bumitama Agri's announced a final plus special FY22 dividend of S$0.0655. This brings Bumitama Agri's FY22’s total dividend to S$0.078 per share which was 22% ahead of our expectation.
• - Read this at SGinvestors.io -

Bumitama Agri announced S$0.0655 dividend to reward shareholders

• Ahead of its upcoming AGM, Bumitama Agri's announced a final dividend of S$0.0442 plus a special dividend of S$0.0213 (combined: S$0.0655) to reward shareholders following its record FY22 core PATMI of IDR3,183b (+89% y-o-y).
• - Read this at SGinvestors.io -
• Bumitama Agri's FY22 dividend payout ratio (DPR) is estimated at 55% of headline PATMI or 49% of our core PATMI, higher than its dividend policy to distribute up to 40% of its distributable income. See Bumitama Agri's dividend history.

Keeping our dividend payout assumptions at 40%

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-02-28 Bumitama Agri - Results Beat Expectations, Awaiting Its Dividend Announcement.

Previous report by Maybank:
2024-11-13 Bumitama Agri - 9M24 Results Within Expectations.

Price targets by other brokers at Bumitama Agri Target Prices.

Listing of research reports at Bumitama Agri Analyst Reports.

Relevant links:
Bumitama Agri Share Price History,
Bumitama Agri Announcements,
Bumitama Agri Dividend Payout Dates & Corporate Actions,
Bumitama Agri News