PT Golden Eagle Energy Tbk (SMMT) announced its plan to distribute interim dividend worth IDR 189 billion or IDR 60 per share, which will take place at the end of this month.

Susanti Nilam, Corporate Secretary of SMMT, mentioned that this plan followed the decision made by the Board of Directors of SMMT. “It was then approved by the Board of Commissioners on September 13, 2022,” she added in the disclosure page in Indonesia Stock Exchange (IDX).

The interim dividend will be disbursed to shareholders of SMMT, whose names have been listed prior to the recording date on September 27, 2022. Then, the interim dividend will be paid out on September 29, 2022.

Based on data, SMMT posted a net profit of IDR 189 billion in the first half of 2022. Then, it also recorded retained earnings of IDR 458.02 billion and total equity of IDR 1.02 trillion at the end of June 2022.

As of now, approximately 83.65% of SMMT’s shares is under the control of PT Mutiara Timur Pratama, while another 16.35% belongs to public investors.