Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) Stock Forecast, Price & News

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's stock was trading at $23.85 at the beginning of the year. Since then, TLK shares have increased by 18.2% and is now trading at $28.18.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our TLK earnings forecast.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) released its earnings results on Friday, March, 24th. The utilities provider reported $0.29 EPS for the quarter. The utilities provider had revenue of $2.69 billion for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a net margin of 14.21% and a trailing twelve-month return on equity of 14.51%.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk announced an annual dividend on Monday, June 5th. Shareholders of record on Thursday, June 15th will be given a dividend of $1.1296 per share on Monday, July 17th. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, June 14th. This is a boost from the stock's previous annual dividend of $0.81.
Read our dividend analysis for TLK.

ETFs with the largest weight of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) stock in their portfolio include JPMorgan International Growth ETF (JIG).Avantis Emerging Markets Value ETF (AVES).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.75%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 51.35%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TLK.

19 employees have rated Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Chief Executive Officer Steve Chung on Glassdoor.com. Steve Chung has an approval rating of 40% among the company's employees. This puts Steve Chung in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk investors own include NVIDIA (NVDA), Alphabet (GOOG), Shopify (SHOP), Trade Desk (TTD), Arista Networks (ANET), Mastercard (MA), Netflix (NFLX), Adobe (ADBE), Cisco Systems (CSCO) and Walt Disney (DIS).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk trades on the New York Stock Exchange (NYSE) under the ticker symbol "TLK."

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's stock is owned by many different institutional and retail investors. Top institutional shareholders include Harding Loevner LP (0.53%), Allspring Global Investments Holdings LLC (0.44%), Renaissance Technologies LLC (0.43%), BlackRock Inc. (0.10%), Martin Currie Ltd. (0.09%) and Bank of America Corp DE (0.09%).

Shares of TLK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TLK stock can currently be purchased for approximately $28.18.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) has a market capitalization of $25.38 billion and generates $10.31 billion in revenue each year. The utilities provider earns $1.33 billion in net income (profit) each year or $1.48 on an earnings per share basis.

The company employs 23,793 workers across the globe.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's mailing address is JL. JAPATI 1, BANDUNG K8, 40133. The official website for the company is www.telkom.co.id. The utilities provider can be reached via phone at 622180863539, via email at investor@telkom.co.id, or via fax at 62-22-720-6757.