Investor Info

Dividend Payment Policy

1.1. Dividend Payment Policy
Unless it is otherwise required due to other considerations, the Company’s Board of Directors intends to propose at the Annual General Shareholders’ Meeting for approval that the Company pays dividends that is not less than 40% of its annual net profit after tax, whereby this has been effective as from 1994 onwards.

Additionally, with regard to the dividend payment policy for its subsidiaries, the Board of Directors of the subsidiaries shall consider and propose payment of dividends on a case by case basis.

1.2. Dividend Payout Information (Year 2012 - 2016)

  Year 2012 2013** 2014** 2015 2016
  Earnings per share(Baht per share)* 0.74 0.90 1.03 1.12 1.13
  Dividend per share(Baht per share)* 0.63 0.80 0.77 0.85 0.85
  Dividend payout ratio (%) 84.9 89.1 75.1 75.9 75.4


Remark:
*Earnings per share and Dividend per share are calculated from the total shares, 4,800,000,000 shares at the par valued at Baht 0.50 per share in order to the comparison, according to the resolution of the Extraordinary General Shareholders’ Meeting of the Company which held on 20 September 2013, approved the change of the par value of the Company’s ordinary shares from Baht 10 per share, totaling 240,000,000 shares to Baht 0.50 per share, totaling 4,800,000,000 shares. Dividend per share according to the Board and Shareholders’ resolutions for the year 2011 and 2012 were Baht 10.50 per share and Baht 12.50 per share, respectively.

**In 2015, the Company has restated 2013 & 2014 financial statements due to the adoption of new and revised TFRS - TAS 19 (revised 2014) Employee Benefits.
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