Indonesian Dividend Powerhouses (3%+ Yield)

Bank Negara Indonesia (Persero)

Market Cap: Rp166.5t

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

Selamat Sempurna

Market Cap: Rp10.5t

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

Kalbe Farma

Market Cap: Rp47.8t

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

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: Rp888.8t

Provides commercial banking and other financial services.

United Tractors

Market Cap: Rp111.6t

Provides coal mining services in Indonesia.

AKR Corporindo

Market Cap: Rp26.0t

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

Japfa Comfeed Indonesia

Market Cap: Rp27.7t

Operates as an agri-food company in Indonesia.

Tempo Scan Pacific

Market Cap: Rp12.4t

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

Indo Tambangraya Megah

Market Cap: Rp25.4t

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.

Perusahaan Gas Negara

Market Cap: Rp53.1t

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

Aspirasi Hidup Indonesia

Market Cap: Rp6.8t

Engages in the retail of home improvement products in Indonesia.

Astra International

Market Cap: Rp265.2t

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 Perkebunan London Sumatra Indonesia

Market Cap: Rp8.2t

Engages in the plantation business in Indonesia and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp344.7t

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

PINAGO UTAMA

Market Cap: Rp2.5t

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

Citra Tubindo

Market Cap: Rp4.7t

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

Indofood Sukses Makmur

Market Cap: Rp58.4t

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

Bank Mandiri (Persero)

Market Cap: Rp477.9t

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: Rp46.9t

Provides various banking products and services in Indonesia and internationally.

Salim Ivomas Pratama

Market Cap: Rp9.3t

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

Saraswanti Anugerah Makmur

Market Cap: Rp3.3t

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

Bank Rakyat Indonesia (Persero)

Market Cap: Rp578.3t

Provides various banking products and services in Indonesia and internationally.

Pakuwon Jati

Market Cap: Rp18.0t

Operates as a real estate developer in Indonesia.

Erajaya Swasembada

Market Cap: Rp6.8t

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.

Jasuindo Tiga Perkasa

Market Cap: Rp4.0t

Operates in the security printing industry 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.

Indonesia Kendaraan Terminal

Market Cap: Rp2.4t

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

Ramayana Lestari Sentosa

Market Cap: Rp3.0t

Operates a chain of department stores in Indonesia.

Malindo Feedmill

Market Cap: Rp1.7t

Engages in the production of animal feed in Indonesia.

Asuransi Multi Artha Guna

Market Cap: Rp2.1t

Provides general insurance in Indonesia.

Indofood CBP Sukses Makmur

Market Cap: Rp93.6t

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

Supreme Cable Manufacturing & Commerce

Market Cap: Rp2.0t

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