Indonesian Dividend Powerhouses (3%+ Yield)

Bank Negara Indonesia (Persero)

Market Cap: Rp158.7t

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

Selamat Sempurna

Market Cap: Rp10.0t

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

Arwana Citramulia

Market Cap: Rp3.8t

Manufactures and distributes ceramic tiles in Indonesia.

Kalbe Farma

Market Cap: Rp53.2t

Develops, manufactures, and trades in pharmaceutical products in Indonesia.

Bank Mandiri (Persero)

Market Cap: Rp455.5t

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

Bank Rakyat Indonesia (Persero)

Market Cap: Rp551.2t

Provides various banking products and services in Indonesia and internationally.

Bank Central Asia

Market Cap: Rp1022.9t

Provides banking products and other financial services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.

United Tractors

Market Cap: Rp104.2t

Provides coal mining services in Indonesia.

Jasuindo Tiga Perkasa

Market Cap: Rp2.8t

Operates in the security printing industry in Indonesia.

Adi Sarana Armada

Market Cap: Rp4.2t

Provides corporate car rental and transportation solutions, logistics, driver services, automotive auction, car sharing, online vehicle trading, and parcel delivery services in Indonesia.

AKR Corporindo

Market Cap: Rp24.5t

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

Japfa Comfeed Indonesia

Market Cap: Rp31.5t

Operates as an agri-food company in Indonesia.

Indo Tambangraya Megah

Market Cap: Rp24.8t

Engages in coal mining activities in East, South, and Central Kalimantan.

Baramulti Suksessarana

Market Cap: Rp10.2t

Operates as a coal mining and trading company in Indonesia.

Multi Bintang Indonesia

Market Cap: Rp12.0t

Operates as a beverage company in Indonesia and internationally.

Perusahaan Gas Negara

Market Cap: Rp45.3t

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

Aspirasi Hidup Indonesia

Market Cap: Rp7.2t

Engages in the retail of home improvement products in Indonesia.

Astra International

Market Cap: Rp267.2t

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp354.6t

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

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Elnusa

Market Cap: Rp3.7t

Provides oil and gas services in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp61.9t

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

Bank CIMB Niaga

Market Cap: Rp44.6t

Provides various banking products and services in Indonesia and internationally.

Bank Danamon Indonesia

Market Cap: Rp24.5t

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

Citra Tubindo

Market Cap: Rp6.0t

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

Saraswanti Anugerah Makmur

Market Cap: Rp3.2t

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

Salim Ivomas Pratama

Market Cap: Rp9.5t

Produces and sells edible oils and fats in Indonesia, China, Singapore, Timor Leste, Nigeria, Haiti, Germany, the Philippines, Papua New Guinea, and internationally.

Blue Bird

Market Cap: Rp4.4t

Provides taxi transportation services in Indonesia.

Pakuwon Jati

Market Cap: Rp17.8t

Operates as a real estate developer in Indonesia.

Erajaya Swasembada

Market Cap: Rp6.5t

Engages in the distribution and retail of mobile telecommunication devices in Indonesia, Singapore, and Malaysia.

Astra Otoparts

Market Cap: Rp13.1t

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.

Mastersystem Infotama

Market Cap: Rp4.5t

Engages in the provision of information and communication technology infrastructure solutions and system integration services to enterprise banking, oil and gas, enterprise, and telecommunication markets in Indonesia.

Nusantara Sejahtera Raya

Market Cap: Rp10.0t

Engages in the movie screening, restaurants; other management consulting activities; and venue rental; and organizing MICE activities and special events in Indonesia.

Indonesia Kendaraan Terminal

Market Cap: Rp2.5t

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

Ramayana Lestari Sentosa

Market Cap: Rp2.6t

Operates a chain of department stores in Indonesia.

Malindo Feedmill

Market Cap: Rp1.7t

Engages in the production of animal feed in Indonesia.