Latest Whispers on BBRI Dividend Supported by Higher Payout Room

PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) is believed to have the potential for attractive dividend returns, or dividend yield, in the region of 8%, in line with management signals to open up room for larger dividend distributions supported by solid capitalisation.

Ciptadana Securities analyst Erni Marsella Siahaan maintains a buy recommendation for BBRI shares with a target price of Rp4,800 per share. She believes BBRI’s current valuation is attractive at 1.8 times price-to-book value (PBV), or nearly 1.5 standard deviations below its historical average.