JAKARTA - PT TBS Energi Utama Tbk (TOBA) has announced a dividend allocation for the 2025 financial year of USD 8.89 million, or USD 0.0011 per share, despite posting a loss amid weak coal prices throughout the year.
As previously reported by IDNFinancials, TOBA recorded a net loss of USD 162.27 million in 2025, reversing from a net profit of USD 25.26 million in 2024.
However, the company&rsquo;s annual general meeting of shareholders held on Thursday (16/4) approved the dividend distribution, which will be drawn from retained earnings of USD 107.53 million as of 31 December 2025.
The meeting also approved an additional statutory reserve allocation of USD 1.6 million from retained earnings.
Based on Bank Indonesia&rsquo;s JISDOR exchange rate on 20 April at IDR 17,176 per USD, the dividend per share is estimated at around IDR 18.5.
With TOBA shares closing at IDR 655 apiece in the first trading session today, Tuesday (21/4), the implied dividend yield stands at 2.8%, lower than the approximately 4.4% yield for the 2024 financial year, according to IDNFinancials data.
The dividend distribution schedule is as follows:
<ul>
<li>Cum and ex-dividend in the regular and negotiated markets: 24 and 27 April 2026</li>
<li>Cum and ex-dividend in the cash market: 28 and 29 April 2026</li>
<li>Recording date: 28 April 2026</li>
<li>Payment date: 20 May 2026</li>
</ul>
(ZH)

Yield stands at 2.8%, lower than the 4.4% dividend yield for the 2024 financial year.