Dividend Policy
The Company's policy is to pay dividend to shareholders at a rate not less than 50 per cent of net profit after tax and net of all reserves required by law based on the separated financial statements. However, the payment of dividend will depend on the cash flow, investment plan, contract terms and conditions that the Company is bound, including legal restrictions, necessity and other matters appropriate in the future. The resolution of the Board of Directors’ approval for dividend payment will have to be proposed for approval by the general meeting of shareholders, unless it is an interim dividend payment whereby the Board of Directors has authority to approve the payment. However, such interim dividend payment has to be reported to the shareholders' following meeting.
Dividend Payout Information
|
Year |
2016 |
2015 |
2014 |
|
Dividend per share (Baht / share) |
0.16 |
0.15 |
0.15 |
|
Earnings per share (Baht / share) |
0.11 |
0.10 |
0.0941 |
|
Dividend payout ratio (%) |
67.97 |
67.66 |
62.02 |
Remark : 1. The Company paid an interim dividend in 2014.
2. Use the net profit of the separate financial statements to calculate.
3. The Board of Directors resolved to set dividend payment rate at Baht 0.12 per share, for further
proposal to the shareholders’ general meeting year 2018 for approval, on April 21, 2018.