DLTA dividend – PT Delta Djakarta Tbk Declares 325.0 Cash Dividend

🌥️Dividends Yield

On June 3, 2023, PT ($IDX:DLTA) Delta Djakarta Tbk declared a cash dividend of 325.0 IDR per share. This marks the third consecutive year of dividend pay-outs from the company, following dividends of 300.0 and 300.0 IDR per share in 2021 and 2022 respectively. This has resulted in an average dividend yield of 6.93% from 2021 to 2023. The ex-dividend date for this dividend is May 29, 2023, meaning investors must own the stock before this date to qualify for the dividend payout.

Stock Price

Following the announcement, the company’s stock opened at IDR 0.0 and closed at IDR 3710.0, representing an increase in stock price of the day. The dividend will be paid out on April 29th 2021. The company’s decision to issue a dividend is a testament to its commitment to returning value to its shareholders. This is especially significant for long-term holders of the company’s stock, as the dividend will offer them a significant return on their investment in PT Delta Djakarta Tbk. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for DLTA. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for DLTA. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for DLTA. More…

Key Ratios Snapshot

Some of the financial key ratios for DLTA are shown below. More…

Analysis

At GoodWhale, we specialize in giving investors accurate information about companies to help them make informed decisions about their investments. We have recently conducted an analysis of PT DELTA DJAKARTA TBK, and our Risk Rating found that it is a medium risk investment in terms of both financial and business aspects. We have also detected two risk warnings in the company’s income sheet and balance sheet. If you are interested in learning more about these risks, become a registered user of GoodWhale and check out our detailed analysis of the company’s financials. With GoodWhale’s up-to-date information, you can make the best decisions for your investments. More…

Peers

PT Delta Djakarta Tbk is one of the leading companies in the field of beverage production in Indonesia, operating alongside other prominent players in the industry such as PT Multi Bintang Indonesia Tbk, Vinzavod Asenovgrad AD, and Marie Brizard Wine and Spirits SA. All four firms specialize in various types of beverage production, ranging from alcoholic to non-alcoholic drinks. Their respective products have become popular among consumers due to their extensive product portfolios, high-quality ingredients, and innovative production techniques.

– PT Multi Bintang Indonesia Tbk ($IDX:MLBI)

PT Multi Bintang Indonesia Tbk is a major Indonesian brewing company that has been in operation since 1931. It is one of the largest brewers in the country, with a strong presence in both domestic and international markets. As of 2023, the company has a market capitalization of 17.91T and a Return on Equity (ROE) of 67.92%. The high market cap indicates that the company is well-positioned in terms of its financial performance and has a strong ability to generate returns for its shareholders. Its high ROE is a reflection of the efficiency with which the company is deploying its capital and generating returns for its investors.

– Vinzavod Asenovgrad AD ($LTS:0IPI)

Mari Brizard Wine and Spirits SA is a French-based company that produces and distributes wine and spirits, as well as high-end foods and liqueurs. The company has a market cap of 270.16M, as of 2023, which indicates the company’s current value to potential investors. Additionally, the company has a Return on Equity (ROE) of 0.63%, indicating the company’s profitability. This ROE figure is below the industry average, which may indicate that the company is not as profitable as its peers in the industry.

Summary

PT DELTA DJAKARTA TBK is a profitable investment option for investors looking for reliable returns. The company has a track record of consistently paying out dividends over the past three years, providing an average dividend yield of 6.93%. These dividends have ranged from 300.0 to 250.0 IDR per share, offering investors a steady income stream as well as potential for capital growth. The company’s financials have shown strong performance, with increasing profitability and a healthy balance sheet.

At the same time, the price-to-earnings ratio is lower than many of its peers in the industry, indicating a lower risk profile and potential for future market outperformance. In conclusion, PT DELTA DJAKARTA TBK is an attractive investment option for those searching for reliable and long-term returns.