Top Dividend Stocks to See Tailwind Ahead of Ex-Dates

The IDX High Dividend 20 index could bounce back after slumping throughout the first quarter as major index constituents near their ex-dividend dates.

Bisnis.com, JAKARTA — Analysts are projecting a tailwind for the IDXHIDIV20, a bourse index listing the top 20 firms with the highest paying dividends after the index slumped since the beginning of the year.

The forecast comes as the index bounced back ahead at the start of the second quarter and after the Idul Fitri holidays, coinciding with the time when many of the index’s prominent constituents are nearing their dividend payment dates.

Bisnis Indonesia Premium Terbaru