How and When Are Stock Dividends Paid Out on Pluang?
As of 3 July 2026, cash dividends on Indonesian stocks held through Pluang are credited directly to your RDN (investor fund account) in full, with no tax deducted at the moment of disbursement, within up to 7 working days after the issuer's official payment date — longer than the 1–3 business days Pluang used to take before that date. Distribution flows through KSEI (Indonesia Central Securities Depository), which transfers the dividend to PT Pluang Maju Sekuritas' securities account, and Pluang then credits it to your RDN automatically. You don't need to submit a claim, fill out a form, or take any action to receive a dividend — as long as you hold the shares on or before the cum date, the payout happens on its own.
Three key dates to understand:
| Date | What it means |
|---|---|
| Cum Date | Last day to hold shares and be entitled to the dividend |
| Ex-Date | Day after cum date — shares bought from this date onward are not entitled |
| Payment Date | Date the company officially pays dividends to KSEI |
How dividend payout works:
1. The issuer sets the payment date and transfers dividends to KSEI
2. KSEI distributes to PT Pluang Maju Sekuritas' securities account
3. Pluang credits the dividend to your RDN in full — no tax deducted at disbursement
4. Credit to your RDN: up to 7 working days after the payment date
Checking your dividend history:
You can view received dividends in the portfolio or transaction history section of the Pluang app. The 7-working-day window is a maximum, not a guaranteed wait every time — many dividends post to the RDN well before that, depending on how quickly KSEI processes that specific issuer's distribution.
Related questions:
Q: Do I need to do anything to receive dividends on Pluang?
No. As long as you hold the shares before the cum date the issuer sets, dividends are automatically credited to your RDN once KSEI completes distribution — there's no claim form, no opt-in step, and no action required inside the app. If you sell your shares on or after the ex-date but before the payment date, you still keep the dividend entitlement, since eligibility locks in at the cum date, not the payment date.
Q: Why hasn't my dividend arrived after the payment date?
KSEI's distribution process can take up to 7 working days after the issuer's payment date before funds reach your RDN, so a short wait past the payment date itself is normal, not necessarily a problem. If more than 7 working days have passed since the payment date and the dividend still hasn't posted, contact the Pluang team via in-app live chat with the stock name and payment date so they can check the KSEI distribution status for you.
Q: Is tax deducted from the dividend before it hits my RDN?
No. Cash dividends are credited to your RDN in full, with no tax withheld at the moment of disbursement — unlike some corporate-action payouts that deduct tax upfront. That doesn't mean dividends are entirely tax-free, though: depending on your individual tax situation, you may still be responsible for reporting dividend income yourself when filing your annual tax return (SPT Tahunan).
Q: How do I find out the payment date for dividends on stocks I hold?
Issuers are required to announce cum dates, ex-dates, and payment dates on the IDX website (idx.co.id) as part of their corporate action disclosures, typically weeks in advance of the actual payout. Pluang also surfaces upcoming dividend schedules through in-app notifications for stocks you hold, so you don't need to check the IDX site manually for every position in your portfolio.
Q: What's the difference between cum date, ex-date, and payment date?
The cum date is the last day you can hold or buy a stock and still qualify for its next dividend; the ex-date is the very next trading day, when new buyers are no longer entitled to that dividend; and the payment date is when the company actually transfers the dividend to KSEI for distribution. Missing the cum date by even one day means missing that specific dividend cycle entirely.