Dividend History and Policy
The Company’s dividend payment policy of making annual dividend payment to its shareholders twice a year at a rate of not less than 50.0% of the consolidated net profit after deduction of all legal reserves,however, are subject to change depending on the Company’s investment plan, necessities as well as other justifications and considerations that the Board of Directors deems appropriate. In respect of dividend payment policy by the subsidiaries, such subsidiaries will pay dividends to the Company from their net profits. The dividend payment is, however, subject to many factors such as their financial condition and results ofoperation, liquidity, business expansion and factors related to the operation of their business.
Moreover, dividends from net profits from the business with BOI privileges are exempted from income tax and the Company is not obligated to deduct withholding tax from such dividend payment.
|Performance year||Consolidated net profit (Bt m)||Company’s Net Profit (Bt m)||Earnings per share (Bt)||Dividend per share (Bt m)||Dividend Payout Ratio from Separate FS*(%)||Dividend Payment Date|
|2017**||5,605.34||5,605.34||2.51||1.38||55.0||May 16, 2018|
|Interim Dividend 2017||2,508.48||2,508.48||1.12||1.02||90.8||Sep 6, 2017|
|2016**||6,107.67||6,107.67||2.74||2.10||76.8||May 19, 2017|
|2015||7,670.28||7,680.36||3.44||1.75||50.8||May 18, 2016|
|2014||6,653.84||6,654.52||2.99||1.00||45.3||May 15, 2015|
|2013||5,801.82||5,175.03||2.61||0.85||36.5||May 15, 2014|
|2012||3,898.14||3,266.80||1.76||0.50||33.8||May 17, 2013|
* 1) The dividend payout ratio in 2012-2014 calculated from the Company’s net profits. In 2015, the dividend payout ratio calculated from the consolidated net profit as mentioned above.
** 2) Dividend of baht 1.38 per share was paid as an interim dividend on September 6, 2017 at the rate of Baht 1.02 per share. Therefore, the remaining dividend to be paid for the year 2017 is Baht 0.36 per share. The right to receive the said dividends is subject to approval by the 2018 Annual General Meeting of Shareholders, which is scheduled to be held on April 20, 2018.