MBK has a dividend payment 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.
For a dividend payment policy, if there is no incident beyond expectation, the company has a policy to pay a dividend equivalent to a net amount in Baht per share in a current period and not less than a net amount in a previous period, in order that shareholders have stability of receiving dividends as a result of holding the company’s stocks in the long term. This type of a stock is counted as a dividend stock.
Details about the Company's Dividend Payment in the Past
(Unit : Baht per share)
|Dividend per share||0.70||0.75||0.80*|
|Earnings (loss) per share (The Consolidated financial statements)||1.38||2.17||2.12|
* On 1st April 2020, the Board of Directors' meeting passed a resolution to approve an interim dividend payment on a semi-annual basis ended 1st July 2019 until 31st December 2019, amounting to 0.42 Baht per share and the dividend was determined to be paid on 30th April 2020. When adding to the interim dividend payment for the first semi-annual basis of 2019 which was paid to shareholders on 3rd October 2019, amounting to 0.38 Baht, the total interim dividend payment of 2019 was 0.80 Baht per share.
However, in 2021 the Company omission of annual dividend payment for 2020 to maintain the financial liquidity of the company, due to the situation of the coronavirus (COVID-19) epidemic.