High Dividend Yields Dominate April Payouts on IDX

JAKARTA, investortrust.id – A wave of dividend payouts is sweeping across the Indonesia Stock Exchange (IDX) this April, with several companies offering yields that exceed 6%, led by retail giant PT Matahari Department Store Tbk and coal miner PT Indo Tambangraya Megah Tbk.

PT Indo Tambangraya Megah Tbk, or ITMG, has announced the highest nominal dividend at Rp 2,245 per share, translating into a dividend yield of 9.59%. The cum dividend date is Wednesday, April 17, with payment scheduled for Wednesday, May 7. The coal producer’s strong earnings, supported by elevated global energy prices, have allowed it to maintain its position as one of the IDX’s top dividend payers.

Not far behind is PT Matahari Department Store Tbk, or LPPF, offering a dividend of Rp 300 per share—representing the highest yield on the list at 14.93%. The cum date is Monday, April 21, with the payment set for Monday, April 29. The impressive payout follows the company's operational rebound amid a consumer spending recovery in Indonesia’s post-pandemic retail sector.

Banking heavyweights are also rewarding shareholders this April. PT Bank Negara Indonesia Tbk, or BBNI, declared a dividend of Rp 374 per share with a yield of 8.52%. Meanwhile, PT Bank Tabungan Negara Tbk, or BBTN, is offering Rp 53.57 per share with a 6.09% yield. Both have the same cum date of Sunday, April 14, and will distribute dividends on Friday, April 25. These announcements reinforce the strong capital positions and profitability of state-affiliated banks amid resilient domestic credit growth.

Food and beverage manufacturer PT Nippon Indosari Corpindo Tbk, or ROTI, declared Rp 79.44 per share with a yield of 8.23%, showing solid returns for investors in the consumer staples sector. The cum date is Tuesday, April 16, with the dividend distributed on Monday, April 28.

These dividend announcements reflect a broader confidence among Indonesia’s corporate sector, particularly in banking, mining, and retail. Investors seeking steady income amid market volatility may find these yields especially attractive in the current interest rate environment.