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.
Details about the Company's Dividend Payment in the Past
(Unit : Baht per share)
| 2020 | 2021 | 2022 | 2023 | For the six-month period ended 30 June 2024 | |
|---|---|---|---|---|---|
| Dividend per share | - * | - * | 0.80 | 0.80 | 0.45 ** |
| Earnings (loss) per share (The Consolidated financial statements) | 0.11 | (0.60) | 0.23 | 1.04 | 0.94 |
| Par value | 1 | 1 | 1 | 1 | 1 |
Remark
* The omission of dividend payment for the years ended 2020 - 2021 to maintain the financial liquidity of the Company was due to the situation of the coronavirus (COVID-19) pandemic.
** On 4 September 2024, a Board of Directors' meeting passed a resolution to approve a interim dividend payment for the six-month period ended 1 January to 30 June 2024 amounting to Baht 0.45 per share and the dividend will be paid 3 October 2024.