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Dividend Policy & Payment

Dividend Policy & Payment

Each year the company and its subsidiaries has a dividend allocation policy at the rate of at least 40 per cent of the net profit after deducting all types of reserves as specified in the rules and regulations of the company and by relevant laws if there is no necessary reason not to do so or such a dividend payment does not significantly affect the normal operations of the company.

Historical dividend in 5 consecutive years

Historical dividend 2023 2022 2021 2020 2019
Pay stock dividend (Baht : share) - 0.0500 0.0625 - -
Pay cash dividend (Baht : share) 0.20 0.4056 0.2070 0.10 0.09
Total (Baht : share) 0.20 0.4556 0.2695 0.10 0.09
Dividend Payout Ratio (%) 104.12 63.21 63.46 41.78 86.14

Remark, the company dividend payment ratio in year 2018 is lower than the compan’s policy, due to the expansion of investment according to the company’s plan.