BNI Rp 1.16 trillion for Dividends

Annual General Meeting or AGM of Shareholders of PT Bank BNI Tbk (BBNI) approved the use of 20 percent of total company net income in 2011 amounting to Rp 5.81 trillion to be distributed as cash dividends.

"That is, the total dividend of Rp 1.16 trillion. As such, every one share is entitled to receive dividends worth Rp 62.48 trillion," said Director of BNI Gatot M Suwondo, Wednesday (04/18/2012).

Dividends will be distributed on May 30 and are eligible are those that are registered as shareholders until May 15, 2012.

In addition to deciding the use of dividends, BNI AGM also agreed 10 percent of the profits or
Rp 582.59 billion in reserves to support investment. By 10 percent or Rp 582.59 billion for the general reserve and compulsory. By 1 percent or Rp 58.26 billion to fund the Partnership Program.

Then 3 percent or Rp 174.78 billion to fund environmental development program. And the rest, amounting to 56 percent or Rp 3.26 trillion, defined as retained earnings.