MBK has a dividend policy with the calculation of the dividend based on "the consolidated financial statements". In this connection, each dividend payment also has to take into account the retained earnings in "the separate financial statements". This is in compliance with the Public Limited Company Act which stipulates that no dividend shall be paid out of funds other than profit and in the case where the company still sustains an accumulated loss, no dividend shall be paid.
As regard the dividend payout ratio, unless there is any unexpected event, it is the Company’s policy that the net dividend per share for the current period will not be less than the previous period. The objective is to ensure the reliability in receiving dividends for the shareholders who hold the shares of the Company on a long term, with the shares being considered as Dividend Stock.
Details about the Company's Dividend Payment in the Past
(Unit : Baht per share)
|Dividend per share||0.63||0.66||0.70||0.75||0.80*|
|Earnings (loss) per share
(The Consolidated financial statements)
* On 1 April 2020, a Board of Directors' meeting passed a resolution to approve a interim dividend payment for the six-month period ended 1 July 2019 to 31 December 2019 amounting to Baht 0.42 per share and the dividend will be paid 30 April 2020. Which combine with the interim dividend payment for the first six months of the the 2019 operating results which had already been paid to the shareholders on October 3, 2019 at Baht 0.38 per share, the total interim dividend payment for 2019 will be Baht 0.80 per share.