Why Adaro? Company
Performance
Annual
Report
Shareholders
Information
Dividend
Information
Presentation Press
Release
Analyst
Coverage

Dividend Information


According to AE’s Articles of Association, dividends may only be distributed in accordance with the company’s financial capability based on the decisions taken at the AGMS. The company will declare dividends with respect to: 1) the operating income, cash flow, capital adequacy and the financial condition of the company and its subsidiaries with regard to reaching optimum growth in the future; 2) the required fulfillment of reserve funds; 3) the company and its subsidiaries’ obligations based on agreements with third parties (including creditors); 4) the compliance with prevailing laws and regulations and AGMS approval.

Since its IPO in 2008, AE has paid dividends to the shareholders totaling over US$1.4 billion with the average payout ratio of 40%.

On the 2019 Annual General Meeting of Shareholders, the shareholders agreed on the company’s plan to distribute a total cash dividend of US$200 million for fiscal year 2018, 20% lower than the US$250 million of dividend distributed for fiscal year 2017, due to lower net income. This total cash dividend amount includes the interim cash dividend of US$75 million paid on January 15, 2019.

Dividend Distributions Since IPO

Fiscal Year
Net Income
Total Dividend
Dividend Per Share
Dividend Payout Ratio
2008 USD 79,784,047 USD 35,523,233 USD 0.00111 42.54%
2009 USD 464,403,637 USD 102,951,487 USD 0.00322 21.24%
2010 USD 245,365,981 USD 113,368,439 USD 0.00354 43.98%
2011 USD 552,102,976 USD 259,086,293 USD 0.00810 47.08%
2012 USD 385,347,573 USD 117,068,621 USD 0.00366 30.38%
2013 USD 231,230,611 USD 75,167,011 USD 0.00235 32.51%
2014 USD 178,161,857 USD 75,486,870 USD 0.00236 42.37%
2015 USD 152,440,533 USD 75,486,870 USD 0.00236 49.52%
2016 USD 334,623,054 USD101,075,640 USD 0.00316 30.21%
2017 USD 483,297,251 USD 250,130,223 USD 0.00782 51.75%
2018 USD 417,720,357 USD 200,232,122 USD 0.00626 47.93%
Last modified on May 7, 2019, 2:17 pm | 19421