Dividend Information

The Company has a policy to propose to the shareholders’ meeting to consider paying dividends of the Company to shareholders at the rate of not less than 50% of the net profit after tax and various reserves of the consolidated financial statements in each year, depending on the investment plan, necessity and other suitability in the future. Upon approval by the Board of Directors, the annual dividend payout is to be presented to the shareholder’s meeting for approval. As regards an interim dividend, the Board of Directors is authorized to pay it and then report the payout at the next shareholders’ meeting.

For the dividend policy of UV’s subsidiaries, the Board of Directors of each company will consider the dividend payment from the retain earnings and cash flow balance comparing to their investment budgets. Subject to the cash flow be enough after having the legal reserve, the Board of Director of each company will consider for dividend payment as appropriate subject to shareholders of each subsidiary approval.

The details of UV’s dividend payment for the previous 5 years as follows:
Description Result of Fiscal Year
2017
(Jan - Sep 17)
2018
(Oct 17 - Sep 18)
20191
(Oct 18 - Sep 19)
2020 2
(Oct 19 - Sep 20)
2021 3
(Oct 20 - Sep 21)
Dividend (Baht per share) 0.220 0.260 1.000 0.020 0.016
Net Profit attributable to the Company of Consolidated Financial Statements (million Baht) 838.44 1,005.64 1,597.12 62.47 30.17
Deduct : legal reserves and others (million Baht) (35.00) (28.00) (118.00) - -
Net profit attributable to the Company remaining for dividend payment (million Baht) 803.44 977.64 1,479.12 62.47 30.17
Dividend payment (million Baht) 420.62 497.10 1,911.93 38.24 30.59
Dividends payout ratio on net profit (%) 52.35 50.85 129.26 61.21 101.40

Remark:
1 The Company considers paying dividends for fiscal year 2019 from (1) profit from operating for the fiscal year 2019 of the Company (2) profit from disposal of GOLD shares after deducting related expenses, tax and legal reserve
2 Dividends for fiscal year 2020 shall be approved by the 2021 Annual General Meeting of Shareholders No.42 which will be held on 15 January 2021
3 Dividends for fiscal year 2021 shall be approved by the 2022 Annual General Meeting of Shareholders No.43 which will be held on 14 January 2022

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