PT Astra International Tbk, Indonesia's biggest automotive retailer and assembler, will pay a total dividend of IDR1,600 a share, or IDR6.47 trillion representing 45 percent of 2010 net income.
The dividend includes an interim dividend of IDR470 a share that was distributed Nov. 15, 2010. Astra will distribute the final dividend of 1,130 a share on June 16.
Astra allocated $1.4 billion for capital expenditure this year, 40 percent of which will used for expansion of unit PT United Tractors, Indonesia largest seller of heavy equipment.
The company's net income reached IDR14.37 trillion last year from IDR10.04 trillion a year earlier. Operating profit rose 15.43% to IDR14.73 trillion from IDR12.76 trillion.
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