Dividend Policy & Payment
The Company has a policy to pay dividends of not less than forty percent (40) of the net profit in the separate financial statements after tax, legal reserve, and other reserves (if any). The Company shall consider dividend payment in the best interest of shareholders, and the dividend payment shall not cause significant impact on the Company’s normal operations. However, the dividend payment is subject to change, depending on the Company’s operating results, financial position, liquidity, need for working capital, investment plan, and future business expansion, as well as market condition, appropriateness, and other factors related to the operations and management of the Company, under the condition that the Company must have sufficient cash for its business operations and such operations must be in the best interest of shareholders as the Board of Directors and/or shareholders deem appropriate. The resolution of the Board of Directors to approve a dividend payment must be proposed before a shareholders’ meeting for approval, except for an interim dividend payment which the Board of Directors has the power to approve and duly informed shareholders in the next shareholders’ meeting.
Dividends shall not be paid out of any sources other than profits. If the Company has accumulated deficit, dividend payment is not permitted, except for preferred stock dividends specified otherwise in the Articles of Association. Dividends shall be paid on a pro rata basis, and the dividend per share shall be equal. Dividend payment must be approved at an AGM meeting.
|Board Date||X-Date||Payment Date||Dividend Type||Dividend per Share (Baht)||Unit||Operation Period|
|14/02/20||04/03/20||22/05/20||Cash Dividend||0.0055555556||Baht||01/01/19 - 31/12/19|
|29/04/19||-||24/05/19||Cash Dividend||0.0277777778||Baht||01/01/18 - 31/12/18|
|24/04/18||-||18/05/18||Cash Dividend||0.05||Baht||01/01/17 - 31/12/17|