Investor Relations

CALL: 1792

Dividend Policy & Payment

Dividend Policy & Payment

 

 

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
 
Dividend payments detail Unit๊๊ 2020 2019 2018
1. Net profits  Million Baht  137.06  158.48  105.33
2. Net Profit as legal reserve  Million Baht  130.20  150.55  100.06
3. Number of shares  Million Baht  570.67  570.67  570.67
4. Dividend payment  Baht per share  0.125  0.14  0.12
5. Total dividend payments  Million Baht  71.33  79.89  68.48
6. Payout ratio Percent   54.79  53.06  68.44
 

Remark :

1. Use the net profit of the separate financial statements to calculate.

2. The Board of Directors resolved to set dividend payment rate at Baht 0.125 per share, for further proposal to the shareholders’ general meeting  year 2021 for approval, on April 16, 2021.