PT Avia Avian Tbk (IDX:AVIA) will looking for M&A. Robert Tanoko, Operations and Development Director said, "Our ability to generate a high level of cash, combined with low routine CapEx, has resulted in a strong free cash flow, which gives us the confidence to meet our commitment to pay a dividend of at least 50% of net income. Please note that the company will continue its efforts in M&As, and in the meantime, we will maximize our dividend payout ratio. In the last 2 years, we have paid dividend amounting to around 90% of net income".