ESSA Poised for Jumbo Dividend in 2026 on Soaring Profits
PT ESSA Industries Indonesia Tbk (ESSA), led by conglomerate Garibaldi 'Boy' Thohir, is projected to distribute a significant dividend of Rp41-58 per share (8.2-11.7% yield) for fiscal year 2026, driven by a projected net profit surge and an assumed 60-80% payout ratio. Net profit reached US$51 million in the first nine months of 2026, a 140% year-on-year increase.
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