Dividend Policy

Dividend payment information 2020

Dividend Policy
The Company has a policy to pay dividend 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 2018 2019 2020
Net Profit (Million Baht) 71.30 159.18 188.38
Number of ordinary shares (Million Shares) 608 608 608
Total Cash Dividend payment for the year (Million Baht) 79.04 145.92 182.40
Total Cash Dividend payment for the year (Baht per share) 0.13 0.24 0.30
1H2020 Net Profit (Million Baht) Net Profit (Million Baht) 37.17 73.14 90.41
Interim Dividend Payment (Baht per share) 0.04 0.10 0.13
Total Interim Dividend Payment (Million Baht) 24.32 60.80 79.04
Cash Dividend payment per ordinary share (Baht per share) 0.09 0.14 0.17
Dividend payment for the year (Million Baht) 54.72 85.12 103.36
Dividend payout ratio (%) 110.86% 91.67% 96.83%

หมายเหตุ

  • In 2018, The Board of Director meeting no. 5/2018 on August 9, 2018 considered approve for interim dividend payment 0.04 Baht per shares totaling dividend 24.32 Million Baht.
  • In 2019, The Board of Director meeting no. 3/2019 on August 13, 2019 considered approve for interim dividend payment 0.10 Baht per shares totaling dividend 60.80 Million Baht.
  • In 2020, The Board of Director meeting no. 3/2020 on Mar 25, 2020 considered approve for interim dividend payment No.2, 0.14 Baht per shares totaling dividend 85.12 Million Baht.