JAKARTA – Two constituents of Indeks52 High Dividend category come from regional bank industry, and competing for the highest dividend yield growth in 2022 and 2023. Both banks in question are PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR)andPT BPD Jawa Timur Tbk (BJTM).
Based on IDNFinancials data compiled Thursday (22/8), BJBR scored dividend yield of 9.41% in 2023, up from 8.6% in 2022. For the fiscal year (FY) 2023, total dividend hit IDR 1 trillion or IDR 95.05 per share.
Said allocation was made based on the record of net profit of IDR 1.77 trillion, unrestricted retained earnings of IDR 4.62 trillion, and total equity worth IDR 15.44 trillion.
In 2022, it reported cash dividend distribution of IDR 1.10 trillion or IDR 104.55 per share, after considering the net profit of IDR 2.30 trillion, retained earnings of IDR 3.94 trillion, and total equity of IDR 4.74 trillion.
On the other hand, BJTM recorded cash dividend for FY 2023 of IDR 816.69 billion or IDR 54.39 per share. Its net profit in 2023 was IDR 1.47 trillion, with retained earnings of IDR 5.78 trillion and total equity worth IDR 12.15 trillion.
In 2022, it also distributed cash dividend of IDR 797.17 billion or IDR 53.09 per share. It reported net profit of IDR 1.54 trillion, retained earnings of IDR 5.04 trillion, and total equity of IDR 11.44 trillion. (LK/ZH)