ITMG to distribute interim dividends of IDR 1,218 per share

PT Indo Tambangraya Megah Tbk (ITMG) arranges its interim dividend distribution of IDR 1,218 per share for its shareholders officially listed by November 12, 2021.

This plan aligns with the decision made during ITMGs Board of Directors circular meeting on October 29, 2021. It had also been approved by the Board of Commissioner on the same date, the management stated in the information disclosure in Indonesia Stock Exchange (IDX).

The cum-dividend date in the regular and negotiation market was set to November 10, 2021, and November 12, 2021, for the cash market. The dividend disbursement would follow on November 24, 2021.

Until 1.28 PM WIB, ITMGs stock price went up by 3.48% or 775 points to IDR 22,300 per share in todays trading session. Yesterday, the stock price of ITMG was closed at IDR 22.200 per share.

As of June 2021, Banpu Minerals Pte Ltd controlled 65.14% of ITMG, while public investors claimed another 31.79%. The tiny remaining portion went to some of ITMGs directors and commissioners.