DIVIDEND PAYMENT POLICY
“The Company’s dividend policy requires the company to distribute the dividend of not less than 40 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 2024 be proposed to consider and approve the payment of the annual dividend of the year 2023 at the rate of 0.057 Baht per share or the dividend payout ratio of the Company shall be 44% which is higher than the dividend payment policy specified by the company, not less than 40% of net profit after income tax according to the consolidated financial statement of company and its subsidiaries. for total number of 9,125,611,266 shares as the issued and paid-up share capital of the Company, totally 520.1 Million Baht, of which cash totally 410.6 Million Baht or 0.045 Baht per share was paid as interim dividend during the year 2023. The remaining (Quarter 4 Oct-Dec 2023) of 0.012 Baht would be further paid out totally 109.5 Million Baht or the dividend payout ratio of the Company shall be 40.7% . In case of the Meeting of Shareholders for the year 2024 approves the dividend payment as proposed.
Total dividends paid in the past 3 years (Baht / share)
Subsidiaries Part
- 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 is still a need for working capital to be use in the business.