Dividend Policy

Dividend payment information

The Company has a policy to pay dividends of at least 30% of its net profit after deduction of corporate income tax and legal reserve. However, the dividend payment may differ from the mentioned rate subject to result of the operation, financial position, liquidity of the Company and necessary of working capital usage to manage and expand the Company’s business including economic condition.

The comparison of the amounts of dividend payment for previous years and this year is provided below:

List 2022 2023 2024
Net Profit (Million Baht) 236.52 221.70 240.80
Number of ordinary shares (Million Shares) 608 600 600
Total Cash Dividend payment for the year (Million Baht) 218.88 217.36 234.00
Total Cash Dividend payment for the year (Baht per share) 0.36 0.36 0.39
1H2020 Net Profit (Million Baht) Net Profit (Million Baht) 129.22 108.90 139.40
Interim Dividend Payment (Baht per share) 0.17 0.17 0.20
Total Interim Dividend Payment (Million Baht) 103.36 103.36 120.00
Cash Dividend payment per ordinary share (Baht per share) 0.19 0.19 0.19
Dividend payment for the year (Million Baht) 115.52 114.00 114.00
Dividend payout ratio (%) 92.54% 98.04% 97.18%

Note:

  • In 2022, The Board of Director meeting no. 3/2022 on August 11, 20122 considered approve for interim dividend payment 0.17 Baht per shares totaling dividend 103.36 Million Baht.
  • In 2023, The Board of Director meeting no. 3/2023 on August 10, 2023 considered approve for interim dividend payment 0.17 Baht per shares totaling dividend 103.36 Million Baht.
  • In 2024, The Board of Director meeting no. 4/2024 on August 8, 2024 considered approve for interim dividend payment 0.20 Baht per shares totaling dividend 120 Million Baht.