United Tractors stock fell 2.40 percent as dividend went ex

Published on 10/07/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

United Tractors stock went ex dividend on October 7, 2026, after an IDR 430 interim payout was approved. First-half revenue fell 15 percent to IDR 58.3 trillion.

United Tractors, ID1000058407, Illustration mit AI erstellt.

United Tractors stock (ISIN ID1000058407) was trading at IDR 25,375 on the IDX on October 7, 2026, at 2:59 p.m. WIB, down 2.40 percent from the previous close. The move came as the shares entered the ex-dividend period for an interim payment of IDR 430 per share.

Dividend date meets weaker earnings

According to IDXChannel on October 1, 2026, the ex-dividend date for regular and negotiated-market trading was set for October 7, while payment was scheduled for October 26, 2026. The interim distribution totals as much as IDR 1.478 trillion.

The dividend arrives against a weaker first half. United Tractors reported net revenue of IDR 58.3 trillion for the first half of 2026, down 15 percent from IDR 68.5 trillion in the same period of 2025. Net profit excluding non-recurring items fell 48 percent to IDR 4.3 trillion.

Mining weakness shapes the outlook

The earnings decline was concentrated in several operating areas. Heavy equipment revenue fell 28 percent to IDR 15.0 trillion, while Gold and Other Minerals revenue fell 66 percent to IDR 2.4 trillion in the first half of 2026, according to the company's September 7, 2026 public-expose release.

Mining contracting provided a partial offset, with revenue rising 4 percent to IDR 27.2 trillion in the same period. That contrast matters because the business is balancing lower coal and gold activity against a more resilient services operation.

Analysts see upside to IDR 29,500

Investing.com lists a Buy consensus from 18 analysts, with an average 12-month target of IDR 29,500, a high estimate of IDR 35,000 and a low estimate of IDR 25,600. The average target lies 16.3 percent above the October 7 price.

The current quote sits inside the 52-week range of IDR 20,125 to IDR 32,825. United Tractors therefore carries a market capitalization of IDR 88.6 trillion, while the October 7 trading volume reached 2,305,900 shares.

United Tractors stock stays tied to earnings recovery

The October 7 price decline and the interim dividend mark the immediate trading story, but the first-half figures set the larger test. Revenue growth in mining contracting must offset the 15 percent group-level decline before the analyst target can become a stronger market reference.