Dividend Policy for the Company
The Company has a policy to pay dividends at the rate not less than 30 per cent of annual stand-alone net profit after deduction of legal reserve. The Company regularly pays dividend in line with this policy.
Dividend Policy for subsidiaries
The Company holds more than 90% of the shares of its subsidiaries. It therefore has a policy to pay the dividends at maximum rate possible in order to allow Big C to fully realize revenue from its subsidiary.
Annual Dividend Payments over the last 3 years
|Dividend Payment (Baht / Share)||2.62||2.62||2.55|
|Dividend Amount (Baht)||2,161,500,000||2,161,500,000||2,103,750,000|
|Dividend Payout Ratio (percent)||33||30||30|
|Legal Reserve (Baht) 1||None||None||None|
|Number of Shares||825,000,000||825,000,000||825,000,000|
1 In 2011, the legal reserve met legal requirement, i.e., ten (10) percent of the Company's registered capital
2 Subject to approval of AGM 2016 to be held on 28 April 2016