Want to know the latest news from $LPPF, better known as Matahari Department Store? Well, they have just announced a plan to distribute dividends of IDR 300 per share for the 2024 financial year. The total amount of dividends reached around ~677.5 billion rupiah, which when calculated, is approximately equivalent to 82% of their dividend payout ratio.

Dividend Distribution Details

All of this will start on April 21, 2025, which is the date. So, for those of you who want to enjoy the dividend, make sure to already own the shares before that date. Dividend payments will be made on April 29, 2025.

Check LPPF Share Price!

At the close of the exchange on Thursday (10/4), LPPF’s share price was at the level of 1,975 rupiah per share. With this dividend distribution, it is indicated that the dividend yield obtained is 15.2%. That’s quite an attractive return for investors who want to increase passive income from stock investments!

With this quite tempting dividend, it is natural that LPPF shares continue to be looked at by investors. For those who don’t have one yet, it might be time to consider.