Dividend Policy & Payment
The Company pays dividend at the minimum of 50% of the Company’s net profit dependent upon the business expansion and need for capital each year. An approval by the shareholders meeting is required with the exception of interim dividend payment, which is approved by the Board of Directors.
Dividend for Year 2023
| Payment Date | For performance period |
Dividend Payment Rate (Baht per Share) |
XD | Record Date |
| 22-Apr-24 | 01 Jan - 31 Dec 2023 | 0.70 (1) | 06-Mar-24 | 07-Mar-24 |
(1) Board of Directors had resolution on 21 February 2024 to propose for dividend payment of Baht 0.70 per share.
However, the Company already paid an interim dividend of Baht 0.35 per share in September 2023. The remaining dividend is Baht 0.35 per share.
In 2003 - 2023, the Company announced the following dividend payments:
| Dividend Payment Date | For performance period |
Dividend Payment Rate (Baht per Share) |
| 30 September 2022 24 April 2023 |
1 January - 30 June 2022 1 January - 31 December 2022 |
0.30 0.30 |
| 29 October 2021 29 April 2022 |
1 January - 30 June 2021 1 January - 31 December 2021 |
0.25 0.20 |
| 23 April 2021 | 1 January - 31 December 2020 | 0.55 |
| 27 September 2019 24 April 2020 |
1 January - 30 June 2019 1 January - 31 December 2019 |
0.25 0.30 |
| 28 September 2018 26 April 2019 |
1 January - 30 June 2018 1 January - 31 December 2018 |
0.13 0.19 |
| 28 September 2017 26 April 2018 |
1 January - 30 June 2017 1 January - 31 December 2017 |
0.13 0.23 |
| 30 September 2016 26 April 2017 |
1 January - 30 June 2016 1 January - 31 December 2016 |
0.10 0.19 |
| 4 May 2016 | 1 January - 31 December 2015 | 0.26 |
| 6 May 2015 | 1 January - 31 December 2014 | 0.23(1) |
| 2 May 2014 | 1 January - 31 December 2013 | 2.00 |
| 3 May 2013 | 1 January - 31 December 2012 | 1.80 |
| 4 May 2012 | 1 January - 31 December 2011 | 1.10 |
| 12 January 2011 | 1 January - 30 November 2010 | 0.80(2) |
| 19 April 2010 | 1 January - 31 December 2009 | 0.70 |
| 30 April 2009 | 1 January - 31 December 2008 | 0.60 |
| 25 April 2008 | 1 January - 31 December 2007 | 0.50 |
| 4 May 2007 | 1 January - 31 December 2006 | 0.50 |
| 28 April 2006 | 1 January - 31 December 2005 | 0.50 |
| 6 May 2005 | 1 January - 31 December 2004 | 0.50(3) |
| 21 May 2004 | 1 January - 31 December 2003 | 4.00 |
(1) The company has registered the change of ordinary share par value from 1 Baht to 0.1 Baht on the 23rd of April 2015.
(2) Board of Directors (Extraordinary Meeting) No. 2/2010 on 14th December, 2010 approved an interim dividend payment for the performance during 1st January, 2010 to 30th November, 2010.
(3) The company has registered the change of ordinary share par value from 10 Baht to 1 Baht on the 11th of May 2004.