List of Stocks that Pay Dividends Frequently: 20 Best Choices for Passive Income

Stock investment is not just about chasing price increases, but also about generating passive income through dividends. For investors looking for regular cash flow, choosing stocks that frequently pay dividends is a smart strategy.

Here is a list of 20 stocks known for consistently paying dividends, ideal for building a long-term investment portfolio.

Read Also: What is Cryptocurrency Used in the Sandbox Game?

Stocks that Frequently Pay Dividends in Indonesia

Here are 20 issuers known for consistently distributing dividends to their shareholders.

1. PT Bank Rakyat Indonesia Tbk (BBRI)

BBRI is one of the state-owned banks that is very consistent in paying dividends. Its average dividend yield is around 2.40%, with a payout ratio of 37.60%.

The annual dividend growth rate reaches 20.60%, with a consistency rate of 93.40%. This stock is very suitable for long-term investors who want stability and growth.

2. PT Bank Central Asia Tbk (BBCA)

Although BBCA’s dividend yield is relatively low at 1.50%, this company remains a favourite due to its very strong fundamentals. Its payout ratio is 35.50%, with a dividend growth of 14.80% per year, and its dividend distribution consistency is at 87.40%.

3. PT Bukit Asam Tbk (PTBA)

This coal mining company has a high dividend yield of 5.20%, with a payout ratio of 50.70%. Its average dividend growth is 27.00%, and its consistency is 68.60%. PTBA is known as one of the companies that is quite generous to its shareholders.

4. PT Selamat Sempurna Tbk (SMSM)

This automotive company also regularly pays dividends, with a dividend yield of 6.40%, and a payout ratio of 65.40%. SMSM shows a dividend growth rate of 14.20% per year, with an excellent consistency rate of 83.20%.

5. PT Telkom Indonesia Tbk (TLKM)

TLKM is one of the largest state-owned enterprises that regularly distributes dividends. Its dividend yield is 3.60%, with a payout ratio of 58.40%. The dividend grows by an average of 7.50% each year, and its consistency is high at 89.50%.

6. PT Indofood Sukses Makmur Tbk (INDF)

INDF is also a consumer stock that is active in paying dividends. Its yield is 2.80%, with a payout ratio of 43.60%, dividend growth of 13.00%, and a consistency of 75.50%.

7. PT Astra International Tbk (ASII)

ASII distributes dividends with a yield of 3.40%, and a payout ratio of 40.40%. Its annual dividend growth is 13.60%, and its consistency is at 68.50%. As one of the largest conglomerates in Indonesia, Astra is highly trusted by investors for the long term.

8. PT AKR Corporindo Tbk (AKRA)

AKRA recorded a dividend yield of 2.40% and a payout ratio of 40.30%. The annual dividend growth rate reaches 30.60%, making it one of the stocks with the highest potential for dividend increase. Its consistency is recorded at 64.30%.

9. PT Mayora Indah Tbk (MYOR)

This food and beverage manufacturer has a yield of 1.30%, with a payout ratio of 27.70%. Interestingly, its dividend growth is quite high at 19.70%, and its consistency is also very good at 95.30%.

10. PT Unilever Indonesia Tbk (UNVR)

UNVR is one of the favourite dividend stocks for investors. With a yield of 3.00% and a high payout ratio of 95.70%, this company maintains a dividend growth rate of 8.60% per year and has high consistency at 88.00%.

Read Also: 7 Effective Crypto Trading Tips for Beginners, Complete with Tips and Tricks

11. PT Astra Graphia Tbk (ASGR)

ASGR has a high dividend yield at 6.80%, with a payout ratio of 65.30%. However, its dividend growth is only 5.00%, and its consistency is relatively low at 12.60%.

12. PT Metrodata Electronics Tbk (MTDL)

MTDL may not be as popular as the others, but it is worth considering. It has a yield of 1.60%, a payout ratio of 22.20%, with excellent dividend growth of 27.20% and a consistency of 81.90%.

13. PT Astra Otoparts Tbk (AUTO)

AUTO recorded a yield of 3.20%, a payout ratio of 35.70%, a dividend growth rate of 8.50%, and a consistency of 24.90%. This stock could be an option for investors looking for dividends while hoping for price appreciation.

14. PT H.M. Sampoerna Tbk (HMSP)

This one of the largest tobacco issuers in Indonesia has a yield of 4.90% and a very high payout ratio of 95.70%. Its dividend growth is 12.10% with a consistency of 67.80%.

15. PT Tigaraksa Satria Tbk (TGKA)

TGKA has a dividend yield of 5.50% and a payout ratio of 91.20%. Its dividend growth rate is 12.30%, and its consistency is very high at 86.40%.

16. PT United Tractors Tbk (UNTR)

UNTR is a mining sector issuer that is known for being 'loyal' in paying high dividends. For the 2024 fiscal year, UNTR paid a dividend of Rp2,151 per share, with a payout ratio of 49.34% and a yield of 8.04%.

17. PT Indo Tambangraya Megah Tbk (ITMG)

ITMG is also a mining issuer that dividend investors favor due to its high dividend payout. For the 2025 fiscal year, ITMG paid a dividend of Rp3,473 per share, with a payout ratio of 131.28% and a yield of 15.07%.

18. PT Perusahaan Gas Negara Tbk (PGAS)

PGAS paid a dividend of Rp182 per share for the 2024 fiscal year, with a payout ratio of 93.02% and a yield of 10.52%. PGAS has been consistently paying dividends every year.

19. PT Bank Negara Indonesia Tbk (BBNI)

BBNI paid a dividend of Rp374 per share for the 2024 fiscal year, with a payout ratio of 69.11% and a yield of 8.78%. BBNI has also been consistently distributing dividends each year, with a growing payout ratio and yield.

20. PT Bank CIMB Niaga Tbk (BNGA)

BNGA paid a dividend of Rp155 per share for the 2024 fiscal year, with a payout ratio of 56.66% and a yield of 9.15%. BNGA is also sought after by dividend investors due to its relatively low stock price combined with attractive dividend returns.

Conclusion

Choosing stocks that frequently pay dividends is a smart strategy for building long-term passive income. Stocks like BBRI, BBCA, PTBA, and UNVR offer a good combination of stability, growth, and consistency in dividend distribution.

However, it is important to remember that dividends are just one part of the overall investment strategy. Investors must still evaluate the company’s business prospects, fundamental strength, and valuation before making a decision.

With a careful approach and thorough analysis, dividend stocks can be a source of sustainable profits amidst the fluctuating market dynamics.

For further trading or to follow the latest crypto news, visit Bittime Exchange or read more at Bittime Blog..

How to Buy Crypto on Bittime

Want to trade and buy buy Bitcoin and invest in crypto easily? Bittime is ready to help! As a legally registered crypto exchange in Indonesia, Bittime ensures that every transaction is secure and fast.

Start by registering and verifying your identity, then make a minimum deposit of Rp10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rates BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to see today’s real-time crypto market trends at Bittime.

Also, visit Bittime Blog to get various interesting updates and educational information about the crypto world. Find trustworthy articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the crypto world.

FAQ

What is a dividend in stocks?

A dividend is a distribution of profits paid by a company to its shareholders as a return on their investment.

How do you choose high dividend stocks?

Look at the dividend yield, payout ratio, dividend growth, and the consistency of dividend distribution over the past few years.

Are high dividend stocks always profitable?

Not necessarily. It’s important to consider the company’s fundamental factors and the overall market conditions.

When do companies typically pay dividends?

 Most companies distribute dividends after their annual financial reports are announced, usually in the first or second quarter of the following year.

Do I have to pay taxes on the dividends received?

Yes, the dividends received by individuals are subject to taxes according to the applicable tax regulations in Indonesia.