Indonesian Dividend Powerhouses (3%+ Yield)

Bank Negara Indonesia (Persero)

Market Cap: Rp162.8t

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.

Enseval Putera Megatrading

Market Cap: Rp6.2t

Engages in the distribution and supply of pharmaceutical products, consumer products, medical equipment, cosmetics, and other products in Indonesia.

Arwana Citramulia

Market Cap: Rp3.8t

Manufactures and distributes ceramic tiles in Indonesia.

Bank Mandiri (Persero)

Market Cap: Rp417.2t

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: Rp581.3t

Provides various banking products and services in Indonesia and internationally.

Astra Otoparts

Market Cap: Rp12.0t

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

Bank Central Asia

Market Cap: Rp1029.1t

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

AKR Corporindo

Market Cap: Rp24.1t

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

United Tractors

Market Cap: Rp101.3t

Provides coal mining services in Indonesia.

Jasuindo Tiga Perkasa

Market Cap: Rp2.3t

Operates in the security printing industry in Indonesia.

Adi Sarana Armada

Market Cap: Rp4.1t

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

Baramulti Suksessarana

Market Cap: Rp10.4t

Operates as a coal mining and trading company in Indonesia.

Indo Tambangraya Megah

Market Cap: Rp25.7t

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

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.

Matahari Department Store

Market Cap: Rp3.8t

Engages in the retail business in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp65.4t

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

Bank CIMB Niaga

Market Cap: Rp42.7t

Provides various banking products and services in Indonesia and internationally.

Surya Toto Indonesia

Market Cap: Rp2.9t

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp329.9t

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

Elnusa

Market Cap: Rp3.7t

Provides oil and gas services in Indonesia.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp17.0t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Bank Danamon Indonesia

Market Cap: Rp23.3t

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

Citra Tubindo

Market Cap: Rp4.1t

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.

Surya Pertiwi

Market Cap: Rp1.7t

Distributes bathroom and kitchen products in Indonesia.

Indo Kordsa

Market Cap: Rp2.3t

Engages in the manufacture, marketing, and sale of tire cord fabrics, yarn filaments, nylon tire cord, and raw materials of polyester.

Pakuwon Jati

Market Cap: Rp17.7t

Operates as a real estate developer in Indonesia.

Nusantara Sejahtera Raya

Market Cap: Rp9.4t

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

Malindo Feedmill

Market Cap: Rp2.0t

Engages in the production of animal feed in Indonesia.

Ramayana Lestari Sentosa

Market Cap: Rp2.6t

Operates a chain of department stores in Indonesia.

Indonesia Kendaraan Terminal

Market Cap: Rp2.1t

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

Japfa Comfeed Indonesia

Market Cap: Rp30.8t

Operates as an agri-food company in Indonesia.

Asuransi Multi Artha Guna

Market Cap: Rp1.9t

Provides general insurance in Indonesia.

Bank Tabungan Negara (Persero)

Market Cap: Rp16.9t

Provides various banking products and services in Indonesia.