Bank Mandiri (BMRI) Shares Under Pressure After Dividend Distribution Announcement

JAKARTA, KOMPAS.com - The movement of shares in PT Bank Mandiri (Persero) Tbk (BMRI) at the start of Thursday’s (30 April 2026) trading session was observed to be consolidating with a weakening bias, following selling pressure at the opening of trade.

BMRI opened at around Rp 4,430 and briefly strengthened to a high of Rp 4,450. However, selling pressure quickly dominated, driving the price down sharply to a low of Rp 4,380.

After reaching the low, BMRI experienced a technical rebound to the Rp 4,420 area. Nevertheless, this strengthening did not continue, and the price moved sideways in a narrow range of Rp 4,400 - Rp 4,420.

It is noted that BMRI has decided to distribute cash dividends totalling Rp 44.47 trillion to shareholders. Thus, each BMRI share receives a dividend of Rp 476.95.

This figure is larger than the 2024 book year amount of Rp 466.18 per share.

Meanwhile, the remaining Rp 35.17 trillion will be distributed to shareholders after the Annual General Meeting of Shareholders (AGMS) held today, Wednesday (29 April 2026).

“This reflects the Company’s commitment to delivering optimal value to the state and all shareholders,” he stated in a written release on Wednesday (29 April 2026).

He explained that the dividend equates to 79% of the Company’s consolidated net profit for the 2025 book year of Rp 56.3 trillion. The remaining 21% will be retained earnings.

Additionally, with today’s closing share price at Rp 4,430 per share, this achievement equates to a dividend yield of 10.77%, one of the highest among domestic banking issuers.

“Today’s shareholder decision reflects confidence in the fundamentals we maintain and the growth direction we are building,” he said.

During the AGMS, shareholders also agreed to a plan for the Company to repurchase its shares (buyback) with a value of up to Rp 1.17 trillion, to be carried out until 29 April 2027.

The repurchased shares will be held as treasury shares and transferred through the Employee Share Ownership Programme, Directors, and Non-Independent Commissioners, in accordance with the Financial Services Authority (OJK) regulations.

“This step is taken to maintain investor confidence in the Company’s long-term prospects, supported by solid fundamentals,” he stated.