Indonesian Small Cap Dividend Stocks

Arwana Citramulia

Market Cap: Rp3.7t

Manufactures and distributes ceramic tiles in Indonesia.

AKR Corporindo

Market Cap: Rp25.3t

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

Erajaya Swasembada

Market Cap: Rp6.9t

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

Adi Sarana Armada

Market Cap: Rp4.3t

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

Midi Utama Indonesia

Market Cap: Rp10.7t

Engages in the retail trading in Indonesia.

Multi Bintang Indonesia

Market Cap: Rp11.9t

Operates as a beverage company in Indonesia and internationally.