DIVIDEND PAYMENT POLICY
“The Company’s dividend policy requires the company to distribute the dividend of not less than 70 percent of the consolidated net profit after tax
However, DCC Performance and Retained earnings should not be negative and depending on the sufficiency to the Company’s Cash Flow and investment plans and other relevant factors.”
The Meeting resolved that the Annual General Meeting of Shareholders for the year 2021 be proposed to consider and approve the payment of the annual dividend of the year 2020 at the rate of 0.165 Baht per share or the dividend payout ratio of the Company shall be 85.35%. which is higher than the dividend payment policy specified by the company, not less than 70% of net profit after income tax according to the consolidated financial statement of company and its subsidiaries for total number of 8,198,942,195 shares as the issued and paid-up share capital of the Company, totally 1,353.0 Million Baht, of which cash totally 992.2 Million Baht or 0.121 Baht per share was paid as interim dividend during the year 2020. The remaining (Quarter4 Oct-Dec 2020) of 0.044 Baht would be further paid out totally 360.8 Million Baht or the dividend payout ratio of the Company shall be 99.86% In case of the Meeting of Shareholders for the year 2021 approves the dividend payment as proposed.
Total dividends paid in the past 5 years (Baht / share)
*8 May 2020, The Second exercise of warrants is 967,509,538 units. Buying the ordinary shares 967,509,538 shares at Par Value 0.10 Baht per share, equivalent to 96,750,953.80 Baht. Resulting in paid-up capital of the company increased from 7,231,432,657 shares at 723,143,265.70 Baht to 8,198,942,195 shares at 819,894,219.50 Baht. Listed companies increase the issued and paid-up capital with the Ministry of Commerce on May 13, 2020.
- Tile Top Industry Public Company Limited: There is no dividend policy at this time because there is still a need for working capital to be use in the business.
- Royal Ceramic Industry Public Company Limited: There is no dividend policy at this time because there still has accumulated losses.
-Royal Asia Brick And Tiles Company Limited: There is no dividend policy at this time because of disoperation.