PGN AGM approves $172.29 million dividend payout

PGN, a gas subholding of Pertamina (Persero), approved a $172.29 million cash dividend, equivalent to Rp3.04 trillion, at its annual general meeting (AGM) for the 2025 financial year.

The dividend represents 80% of the attributable net profit of $215.36 million for the 2025 financial year.

Corporate Secretary Fajriyah Usman stated that maintaining the dividend payout ratio (DPR) at 80% reflects PGN’s commitment to balancing shareholder returns with long-term business growth sustainability.

“An 80% dividend payout ratio also demonstrates the company’s confidence in its cash flow quality, financial discipline, and the strength of PGN’s core business amid global energy sector dynamics,” she said.

PGN believes the domestic natural gas business fundamentals remain positive in the long term due to rising national energy demand and gas’s role as a transition energy source.

The company continues to maintain operational reliability through adaptive management of pipeline and LNG-based gas portfolios, infrastructure optimisation, and operational and financial efficiency.

At this year’s AGM, shareholders also approved several strategic agendas, including net profit allocation, articles of association amendments, auditor appointment, and business development and corporate governance initiatives.