The Board of Directors recommends the amount of dividends to be distributed taking into account the Company's performance in the current year, the Company's growth movements and attractive returns that are reasonably acceptable to the Company's shareholders, as well as positive Company profit balances.
In accordance with the regulations of the Financial Services Authority and the Indonesia Stock Exchange, Garudafood prepares dividends to the rightful shareholders of Garudafood at the latest 30 (thirty) days after Garudafood announces the decision to distribute dividends in general newspapers.
On May 28th, 2019, the company has paid dividends to shareholders for the 2018 financial year of Rp. 17 per share with the amount of dividends issued by Rp. 125,452,864,947.