Bank Central Asia Announces Rp281 Dividend per Share - Payment Set for April 8

Saham News - Posted on 16 March 2026 Reading time 5 minutes

PT Bank Central Asia Tbk (BBCA) will distribute cash dividends to its shareholders for the 2025 fiscal year.

The company has set the total dividend at Rp336 per share.

This decision was approved during the Annual General Meeting of Shareholders (AGMS) held on Thursday (March 12, 2026).

The total dividend already includes an interim dividend of Rp55 per share that was previously paid on December 22, 2025.

 

Therefore, the remaining cash dividend to be paid to shareholders amounts to Rp281 per share.

“Thus, the remaining cash dividend per share for the 2025 fiscal year that will be paid by the Company is Rp281.00 per share,” BBCA management stated in a disclosure to the Indonesia Stock Exchange (IDX), quoted on Sunday (March 15, 2026).

 

Dividend Distribution Schedule

BCA management stated that the cash dividend will be distributed to shareholders whose names are recorded in the company’s shareholder register on the record date.

According to the schedule announced by the company, the cum dividend trading period in the regular and negotiated markets will last until March 27, 2026.

Meanwhile, the cum dividend period in the cash market will run until March 31, 2026.

After this period, BCA shares will be traded without dividend rights, known as ex-dividend.

 

In the regular and negotiated markets, the ex-dividend date will begin on March 30, 2026, while in the cash market it will start on April 1, 2026.

The record date for shareholders eligible to receive the dividend is set for March 31, 2026.

Investors listed as shareholders on that date will be entitled to receive the dividend distribution from BBCA.

The payment of the cash dividend is scheduled to be carried out on April 8, 2026.

 

Dividend Distribution Procedures

  1. Cash dividends will be distributed to shareholders whose names are recorded in the company’s shareholder register as of March 31, 2026 at 16:00 WIB (record date).

  2. For shareholders whose shares are held in collective custody at the Indonesian Central Securities Depository (KSEI), the cash dividend will be distributed by KSEI on April 8, 2026 through the securities company or custodian bank where the shareholders maintain their securities accounts.

Confirmation of the dividend distribution will be delivered by KSEI to the securities company or custodian bank, after which shareholders will receive notification regarding the cash dividend.

 

Meanwhile, shareholders whose shares are not held in KSEI’s collective custody (scrip shareholders) will receive the dividend through direct bank transfer to their respective accounts.

  1. Cash dividends paid to domestic taxpayers (WPDN) will not be subject to income tax withholding. However, dividends paid to foreign taxpayers (WPLN) will be subject to income tax withholding in accordance with the tax regulations applicable on the record date.

The obligation to fulfill income tax responsibilities for dividends received by domestic taxpayers rests with each respective WPDN shareholder.

  1. Domestic corporate shareholders who have not submitted their Taxpayer Identification Number (NPWP) to their securities company or custodian bank must provide the NPWP to KSEI through the relevant securities company or custodian bank no later than March 31, 2026 at 16:00 WIB.

  2. Foreign shareholders whose countries have a Double Taxation Avoidance Agreement (P3B) or tax treaty with Indonesia may benefit from a reduced withholding tax rate according to the treaty provisions rather than the standard 20 percent rate, provided they meet the required conditions.

 

The requirements are stipulated in Minister of Finance Regulation No.112 of 2025 dated December 30, 2025 regarding the procedures for implementing Double Taxation Avoidance Agreements. These include submitting a Certificate of Domicile (SKD) in the form of the original DGT Form completed correctly and endorsed by the competent authority of the partner country, or alternatively an original Certificate of Residence (CoR) in English to KSEI according to its regulations.

 

If during the current year the foreign shareholder has previously conducted transactions and already submitted the original DGT Form along with the CoR to an Indonesian taxpayer, the SKD may be replaced with a softcopy receipt of the registered SKD from the official eSKD website.

 

If the required documents are not submitted within the deadline set by KSEI, the cash dividend paid to the foreign shareholder will be subject to Article 26 income tax withholding at the maximum rate of 20 percent.

  1. Based on current tax regulations, dividends received by Indonesian individual taxpayers (WPOPDN) are no longer subject to income tax withholding and may be treated as non-taxable income provided they are invested within Indonesia.

This is regulated under Government Regulation No.9 of 2021 and its amendments, Minister of Finance Regulation No.18 of 2021 and its amendments, and related implementing regulations. Alternatively, WPOPDN may choose to be subject to a final income tax of 10 percent under Law No.7 of 1983 concerning Income Tax as amended by Law No.7 of 2021 Article 17 paragraph (2c) without the requirement to reinvest within Indonesia.

 

If WPOPDN elects to treat the dividend as non-taxable income but does not carry out the investment according to the provisions set out in PP 9 and PMK 18, the dividend will instead be subject to a final income tax of 10 percent.

The final income tax must be paid by the WPOPDN no later than the 15th day of the month following the month of the record date.

  1. Tax withholding will be implemented according to the tax regulations applicable on the record date. If a new tax regulation is issued after the withholding but applies retroactively to the record date and results in an over-withholding of tax, the refund process will be handled through the applicable tax restitution mechanism under prevailing tax regulations (as of this announcement referring to Minister of Finance Regulation No.81 of 2024) by the affected shareholders.

  2. Shareholders whose shares are held in KSEI’s collective custody can obtain proof of dividend tax withholding from the securities company or custodian bank where their securities account is maintained.

 

Meanwhile, scrip shareholders can collect the tax withholding certificate from the company’s Share Administration Bureau, PT Raya Saham Registrasi, Plaza Sentral Building 2nd Floor, Jl. Jendral Sudirman Kav.47-48, Jakarta 12930, phone (021) 252 5666.

  1. Securities companies and custodian banks holding electronic records of the company’s shares in KSEI’s collective custody are requested to submit shareholder data and tax status documentation to KSEI within one trading day after the shareholder record date or according to KSEI provisions.

  2. If tax issues arise in the future or there are claims related to the cash dividend already paid and received by shareholders whose shares are held in KSEI’s collective custody beyond the conditions stated above, such matters should be resolved through the respective securities company or custodian bank in accordance with applicable tax regulations.

Source: kontan.co.id

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