Indonesian Dividend Powerhouses (3%+ Yield)

Selamat Sempurna

Market Cap: Rp10.3t

Manufactures and sells tools or equipment for vehicles, heavy equipment, and other machinery in Indonesia and internationally.

Kalbe Farma

Market Cap: Rp44.2t

Engages in the development, manufacture, and trading of pharmaceutical products in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Astra Otoparts

Market Cap: Rp13.2t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, the Rest of Asia, the Middle East, the United States, Europe, and Africa.

Bank Central Asia

Market Cap: Rp802.7t

Provides commercial banking and other financial services.

United Tractors

Market Cap: Rp112.5t

Provides coal mining services in Indonesia.

AKR Corporindo

Market Cap: Rp28.6t

A logistics and supply chain company, engages in distribution and trading of petroleum and basic chemical products in Indonesia.

Astra International

Market Cap: Rp249.3t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Aspirasi Hidup Indonesia

Market Cap: Rp6.3t

Engages in the retail of home improvement products in Indonesia.

Matahari Department Store

Market Cap: Rp4.3t

Operates department stores in Indonesia.

Perusahaan Gas Negara

Market Cap: Rp46.2t

Engages in the transmission and distribution of natural gas in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp61.2t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Citra Tubindo

Market Cap: Rp4.6t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

PINAGO UTAMA

Market Cap: Rp2.9t

Engages in the oil palm and rubber plantation business in Indonesia.

Bank Mandiri (Persero)

Market Cap: Rp432.7t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Bank CIMB Niaga

Market Cap: Rp45.9t

Provides various banking products and services in Indonesia and internationally.

Bank Danamon Indonesia

Market Cap: Rp24.2t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

Elnusa

Market Cap: Rp5.2t

Provides oil and gas services in Indonesia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp309.1t

Provides information and communications technology, and telecommunications network services worldwide.

Blue Bird

Market Cap: Rp4.1t

Provides taxi transportation services in Indonesia.

Saraswanti Anugerah Makmur

Market Cap: Rp3.5t

Engages in the production and distribution of non-subsidized NPK Fertilizers in Indonesia.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp513.5t

Provides various banking products and services in Indonesia and internationally.

Bank Negara Indonesia (Persero)

Market Cap: Rp137.9t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Pakuwon Jati

Market Cap: Rp16.9t

Operates as a real estate developer in Indonesia.

Malindo Feedmill

Market Cap: Rp2.4t

Engages in the production of animal feed in Indonesia.

Indonesia Kendaraan Terminal

Market Cap: Rp2.4t

Engages in the cargo loading-unloading and stacking yard business activities.

Japfa Comfeed Indonesia

Market Cap: Rp31.0t

Operates as an agri-food company in Indonesia and internationally.

Indofood CBP Sukses Makmur

Market Cap: Rp84.8t

Produces and sells food products in Indonesia, the rest of Asia, Africa, and internationally.

Asuransi Multi Artha Guna

Market Cap: Rp2.1t

Provides general insurance in Indonesia.

Jasuindo Tiga Perkasa

Market Cap: Rp4.2t

Operates in the security printing industry in Indonesia.

Supreme Cable Manufacturing & Commerce

Market Cap: Rp1.9t

Manufactures and sells cables, insulation, cable-related products and raw materials, and melamine products in Indonesia and internationally.

Tempo Scan Pacific

Market Cap: Rp11.0t

Engages in the pharmaceuticals, personal care and cosmetics, and distribution services businesses in Indonesia and internationally.

Bank Tabungan Negara (Persero)

Market Cap: Rp18.7t

Provides various banking products and services in Indonesia.

Plaza Indonesia Realty

Market Cap: Rp8.9t

Engages in the shopping center rental business in Indonesia.

Hexindo Adiperkasa

Market Cap: Rp3.8t

Distributes heavy equipment products and services in Indonesia.

Golden Energy Mines

Market Cap: Rp49.4t

Through its subsidiaries, engages in coal mining business in Indonesia, China, India, the Philippines, South Korea, New Zealand, Cambodia, Malaysia, Hongkong, and Vietnam.