PGEO Distributes Dividend of Rp 49.44 per Share, Check the Payment Schedule
JAKARTA – PT Pertamina Geothermal Energy Tbk (PGEO) has announced it will distribute cash dividends for the 2025 fiscal year following approval at the Annual General Meeting of Shareholders (AGMS) on 21 April 2026.
PGEO Corporate Secretary Kitty Andhora stated in a disclosure of information that the total dividend to be distributed amounts to US$123.9 million, equivalent to Rp 49.4423 per share.
The dividend distribution is based on the company’s financial performance as of 31 December 2025, with net profit attributable to the parent entity at US$137.7 million and retained earnings balance of US$139 million.
On trading Friday (24/4/2026), PGEO shares closed down 2.44 per cent or 25 points at Rp 1,000. Nevertheless, over the past year, the shares have recorded a gain of around 3.63 per cent.
From an operational perspective, electricity production reached 5,095.48 gigawatt hours (GWh), up 5.55 per cent from the previous year and the highest in the company’s history.
This production increase was driven in part by the operation of the Lumut Balai Unit 2 Geothermal Power Plant (PLTP), which added to the company’s installed capacity.
Energy observer and Member of the Supervisory Board of Rumah Energi, Elrika Hamdi, assessed that PGEO’s performance achievements strengthen the role of geothermal energy in the national energy transition.
“Looking at Indonesia’s future energy transition plans, PGEO’s business has high potential for growth because there are still several geothermal fields being explored that can then be exploited, making it particularly attractive to investors,” she said in a written statement on Friday (24/4/2026).
However, she cautioned that geothermal development faces challenges in the early stages, particularly the identification and exploration processes that require a long time and high risks.
“Once operational, geothermal power plants generally perform well and are profitable. However, the main challenges lie in the initial identification to exploration process, which takes quite a long time and is full of risks,” she said.
On the other hand, stable performance is seen as a positive signal for the market and has the potential to encourage new investments in the geothermal energy sector, which requires long-term commitment.
In line with this, the government through the Electricity Supply Business Plan (RUPTL) targets the share of new renewable energy to reach 76 per cent in the 2025–2034 period, with geothermal contributing 5.2 gigawatts (GW).
This target also supports Indonesia’s commitment to reduce carbon emissions by 31.89 per cent by 2030 as outlined in the Enhanced Nationally Determined Contribution (ENDC) 2022.