Dividend History and Policy

Dividend History and Policy

The Company formulates the policy for considering the annual dividend payment to its shareholders twice a year at total rate not less than 50% of net profit of the Company’s consolidated financial statements after deduction of annual corporate income tax and legal capital reserves. The Company’s establishment objective is to mainly invest in other companies. In dividend payment of the Company, it shall be subject to dividend payment policy of the subsidiary companies and/or associated companies which are invested by the Company, apart from being subject to the operating result of the companies which are invested by the Company. At present, the Company has invested in two subsidiary companies consisting of Pruksa Real Estate Public Company Limited (“Pruksa”) and Vimut Hospital Holding Company Limited. As Vimut Hospital Holding Company Limited has been in the period of investment in hospital business and has not yet earned revenue, the Company’s ability to pay dividend shall be subject to dividend payment policy of Pruksa Real Estate Public Company Limited, investment plan, condition and limitation as prescribed in the relevant contracts (if any), necessity and appropriateness, as well as factors in other areas as deemed appropriate by the Board of Directors. In keeping with business growth plan of the Company, the said dividend payment shall not exceed retained earnings appeared in the separate financial statements of the Company and according to the relevant laws.

Dividends at the Company Paid to shareholders as follows:

Performance Year Net Profit from Consolidated Financial Statements (Bt m) Net Profit in Part of the Holding Company (Bt m) Earnings per Share (Consolidated Financial Statements) Dividend per Share Dividend Payout Ratio (%) Dividend Payment Date
Interim Dividend 2019 2,667.19 2,618.16 1.20 0.60 50.2 Sep 6, 2019
2018 6,130.78 6,022.37 2.75 1.55 56.33 May 22, 2019
Interim Dividend 2018 2,469.60 2,425.78 1.11 0.55 49.6 Sep 7, 2018
2017* 5,574.13 5,456.42 2.50 2.09 84 May 23, 2018

Remark :

* The Company has paid extra interim dividend at the rate of Baht 0.80 per share and Baht 1.29 per share for fiscal year 2017