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||0.60||0.63||0.66||0.70||0.75*|
|Earnings (loss) per share
(The Consolidated financial statements)
* On 29 April 2019 the Annual General Meeting of Shareholders for the year 2019 approved the dividend paid for shareholders from 1 July 2018 until 31 December 2018, at the rate of Baht 0.38 per share. The total 2018 dividend will be Baht 0.75 per share, including the interim dividend for the first-half-year operations of 2018 at the rate of Baht 0.37 per share. The dividend will be paid to the shareholders listed in the list of the shareholders with the rights to receive dividends as of 22 March 2019 and the dividend will be paid on 13 May 2019.