Dividends
On dividend payment, the Company has policy to pay dividend to the shareholders not less than 50% of its consolidate net profit after deduction of all reserves complied with the Company’s Articles of Association and related laws, However, payment depends on future investment, business plan, future necessity and suitability.
In addition, payment for dividend will derive from profits from disposal of investments or fixed assets of the Company or its subsidiaries. The management and Board of Director will decide whether or not to pay dividend or amount to be paid by taking into account the Company’s future investment plans and business expansion, including other necessity and suitability
The subsidiaries’ dividend payment policy will be the same as that of the Company.
Historical Dividend in 3 consecutive years.
Description | 2020 | 2021 | 2022* |
---|---|---|---|
Net profit per share (Baht) | 0.23 | 0.16 | 0.24 |
Dividend per share (Baht) | – | 0.05 | 0.21 |
Dividend payout ratio (%) | – | 31.27 | 87.93 |
Remark :
Remark: * Profit was returned to shareholders as a dividend payment. Dividend for 2022 has been being proposed to the Annual General Meeting of shareholder at Baht 0.21 per share which has paid interim dividend at Baht 0.06 per share in September 2022 and will pay Baht 0.15 per share of which subject to the approval of the 2023 Annual General Meeting of the Shareholders.