Indonesian Dividend Powerhouses (3%+ Yield)

Selamat Sempurna

Market Cap: Rp10.2t

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

Bank Negara Indonesia (Persero)

Market Cap: Rp172.1t

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

Arwana Citramulia

Market Cap: Rp3.8t

Manufactures and distributes ceramic tiles in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Bank Central Asia

Market Cap: Rp1001.4t

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

AKR Corporindo

Market Cap: Rp25.6t

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

United Tractors

Market Cap: Rp114.4t

Provides coal mining services in Indonesia.

Adi Sarana Armada

Market Cap: Rp4.5t

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

Indo Tambangraya Megah

Market Cap: Rp25.2t

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

Baramulti Suksessarana

Market Cap: Rp10.3t

Operates as a coal mining and trading company in Indonesia.

Tempo Scan Pacific

Market Cap: Rp12.7t

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

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp8.2t

Engages in the plantation business in Indonesia and internationally.

Astra International

Market Cap: Rp299.6t

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: Rp7.1t

Engages in the retail of home improvement products in Indonesia.

Perusahaan Gas Negara

Market Cap: Rp49.5t

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

PINAGO UTAMA

Market Cap: Rp2.7t

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

Elnusa

Market Cap: Rp3.9t

Provides oil and gas services in Indonesia.

Bank Mandiri (Persero)

Market Cap: Rp466.7t

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 CIMB Niaga

Market Cap: Rp46.1t

Provides various banking products and services in Indonesia and internationally.

Indofood Sukses Makmur

Market Cap: Rp59.9t

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

Citra Tubindo

Market Cap: Rp5.9t

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp358.6t

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

Blue Bird

Market Cap: Rp4.4t

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.

Salim Ivomas Pratama

Market Cap: Rp9.2t

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

Bank Rakyat Indonesia (Persero)

Market Cap: Rp578.3t

Provides various banking products and services in Indonesia and internationally.

Astra Otoparts

Market Cap: Rp13.3t

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.

Pakuwon Jati

Market Cap: Rp18.0t

Operates as a real estate developer in Indonesia.

Erajaya Swasembada

Market Cap: Rp6.3t

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

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: Rp2.4t

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

Ramayana Lestari Sentosa

Market Cap: Rp2.8t

Operates a chain of department stores in Indonesia.

Indofood CBP Sukses Makmur

Market Cap: Rp94.5t

Produces and sells consumers products in Indonesia, Rest of Asia, the Middle East, Africa, and internationally.

Japfa Comfeed Indonesia

Market Cap: Rp32.3t

Operates as an agri-food company in Indonesia.

Jasuindo Tiga Perkasa

Market Cap: Rp3.9t

Operates in the security printing industry in Indonesia.

Asuransi Multi Artha Guna

Market Cap: Rp2.0t

Provides general insurance in Indonesia.