Telkom (TLKM) Skips Interim Dividend, Here's Why

PT Telkom Indonesia Tbk (TLKM) has confirmed that it will not distribute an interim dividend for its first-half 2026 performance. TLKM will pay cash dividends after the end of the fiscal year, through a resolution passed at the General Meeting of Shareholders (AGM).

Telkom’s Finance and Risk Management Director, Arthur Angelo Syailendra, explained that the dividend policy continues to take into account the company’s performance, expansion and investment needs, market conditions and shareholder aspirations.

“Telkom will remain focused on cash dividends distributed after the end of the current fiscal year, with the decision made through the AGM for that fiscal year,” he explained during a press conference on Monday (7/9/2026).

Beyond the payout ratio, Arthur said, Telkom will balance dividend growth per share with its expansion and investment needs. This takes into account the company’s performance, market conditions and the aspirations of its shareholders.

For the 2025 fiscal year, Telkom distributed cash dividends of Rp 21.99 trillion, or Rp 223.17 per share. That figure equates to a payout ratio of 123.5%, which included the use of part of its retained earnings balance.

As a reminder, from its 2024 book profit, the company — whose logo features five fingers — distributed cash dividends of Rp 21.04 trillion, equivalent to Rp 212.46 per share.