Cinema XXI Unleashes Jumbo $61 Million Dividend and Bonus Share Windfall as Earnings Climb

JAKARTA, Investortrust.id — Indonesia’s box office king is rewarding investors with a blockbuster payout. PT Nusantara Sejahtera Raya Tbk (CNMA), the country’s largest cinema operator operating under the Cinema XXI brand, received shareholder approval Tuesday to distribute nearly 100% of its 2025 net income back to investors.

The company will pay out a total of Rp 12 ($0.0007) per share, a move that signals management’s high confidence in the recovery of the nation's entertainment sector. Investors are also set to benefit from a unique "bonus" as the firm redistributes its treasury shares to loyal shareholders later this month.

Cinema XXI’s aggressive payout ratio and bonus share distribution serve as a powerful signal that Indonesian consumer discretionary spending remains resilient even as the Rupiah faces pressure. For global investors, CNMA represents a play on Indonesia’s growing middle class, with the company’s massive screen footprint acting as a high-barrier-to-entry moat. The decision to distribute treasury shares at a 50:1 ratio effectively increases liquidity and rewards long-term holders without diluting equity through new issuances.

The Payout Breakdown

The jumbo dividend totals Rp 980 billion ($61.6 million), which includes an interim payment already settled in late 2025. The remaining balance of Rp 7 ($0.0004) per share will hit investor accounts on April 28, 2026.

This payout is significantly bolstered by the company's robust 2025 performance, where it netted a profit of Rp 776.2 billion ($48.8 million). Management is dipping into retained earnings from previous years to top up the payout, ensuring shareholders receive maximum value.

Aggressive Expansion and Screen Dominance

Cinema XXI is not just paying out cash; it is actively capturing more of the Indonesian archipelago. As of December 2025, the company has scaled its operations to 267 cinemas and 1,388 screens across 55 cities and 30 regencies.

This footprint generated an EBITDA of Rp 1.8 trillion ($113.2 million) for the year. CEO Suryo Suherman noted that the expansion is central to the company’s mission of providing premium movie-going experiences to a broader demographic.

Leadership Shakeup to Drive Growth

Alongside the financial windfall, the company's Annual General Meeting (RUPST) confirmed a refresh of the leadership team. Following the resignation of Mohammad Noor Rachman Soejoeti, the board has been streamlined to focus on digital integration and operational excellence.

The new board, led by Suryo Suherman, aims to leverage the company’s strong 2025 momentum to navigate the 2026 fiscal year. With 1,388 screens already in operation, the company is betting that a mix of Hollywood blockbusters and surging local film productions will keep seats filled and dividends flowing.