About PT Gudang Garam Tbk (GGNPF) — Dividend Analysis 2026
PT Gudang Garam Tbk produces and sells cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, GG Family, and other brand names. It is also involved in trading activities; and provision of safety protective equipment, and investment and construction services. In addition, the company provides tobacco processing, non-scheduled air transportation, and entertainment services. The company was formerly known as PT Perusahaan Rokok Tjap "Gudang Garam" Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.
Is GGNPF a good dividend investment in 2026?
GGNPF offers a 3.43% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of -50% is modest — investors should weigh current income against growth alternatives.
GGNPF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your GGNPF portfolio grows to $3.4K vs $3.6K without reinvestment. This is the compound interest effect in action.
GGNPF dividend growth history & forecast
GGNPF has grown its dividend by 0% over the last year and -50% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.43%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 GGNPF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold GGNPF.
Gross yield
3.43%
Tax rate
15.00%
After-tax yield
2.92%
Real yield (−CPI)
0.12%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.43%
0.63%
$343 / yr
🇺🇸 US Taxable (15%) ✓
15%
2.92%
0.12%
$292 / yr
🇺🇸 US Taxable (20%)
20%
2.74%
-0.06%
$274 / yr
🇬🇧 UK ISA
0%
3.43%
0.63%
$343 / yr
🇬🇧 UK Taxable
8.75%
3.13%
0.33%
$313 / yr
🇨🇦 TFSA
0%
3.43%
0.63%
$343 / yr
🇨🇦 CA Taxable
25%
2.57%
-0.23%
$257 / yr
🇦🇺 Super (pension)
15%
2.92%
0.12%
$292 / yr
🇦🇺 AU Taxable
30%
2.40%
-0.40%
$240 / yr
🇩🇪 DE Taxable
26.375%
2.53%
-0.27%
$253 / yr
🇫🇷 FR Taxable
30%
2.40%
-0.40%
$240 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 GGNPF Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your GGNPF investment of $0.89/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$294.31
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-2177.98
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in GGNPF for:
Shares needed
925,748
Capital required
$823,916
Monthly income
$2,000
Based on current dividend of $0.03/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 GGNPF Dividend Payment Schedule
GGNPF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.06 / payment
$0.26 / year after tax
100 shares
$0.65 / payment
$2.59 / year after tax
1,000 shares
$6.48 / payment
$25.93 / year after tax
📊 GGNPF vs Consumer Defensive Benchmarks
How GGNPF compares to typical Consumer Defensive averages.
Benchmark: Consumer Defensive
Dividend Yield▲+0.33% vs sectorBetter
GGNPF
3.43%
avg
3.10%
5Y Dividend CAGR▼-55.40% vs sectorBelow avg
GGNPF
-50.00%
avg
5.40%
Payout Ratio▲-12.00% vs sectorBetter
GGNPF
50.00%
avg
62.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for GGNPF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ GGNPF Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-04-24(in 24 days)
🔬
Financial Health Scores
Altman Z-Score
4.06
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
6/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the GGNPF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →