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 | ||||
| 20191 (Oct 18 - Sep 19) |
2020 (Oct 19 - Sep 20) |
2021 (Oct 20 - Sep 21) |
2022 2 (Oct 21 - Sep 22) |
2023 3 (Oct 22 - Sep 23) |
|
| Dividend (Baht per share) | 1.000 | 0.020 | 0.016 | 0.045 | 0.090 |
| Net Profit attributable to the Company of Consolidated Financial Statements (million Baht) | 1,597.12 | 62.47 | 30.17 | 167.85 | 515.84 |
| Deduct : legal reserves and others (million Baht) | (118.00) | - | - | - | (355.44) |
| Net profit attributable to the Company remaining for dividend payment (million Baht) | 1,479.12 | 62.47 | 30.17 | 167.85 | 160.40 |
| Dividend payment (million Baht) | 1,911.93 | 38.24 | 30.59 | 86.04 | 172.70 |
| Dividends payout ratio on net profit (%) | 129.26 | 61.21 | 101.40 | 51.26 | 107.28 |
Remark:
1 Dividends for the fiscal year 2019 are considered to be paid from (1) profits from operating results for the fiscal year 2019 and (2) profits from the sale
of GOLD shares after deducting related expenses, taxes and legal reserves
2 Dividends for the fiscal year 2022 are paid from the operating results of the financial statements before the restatement, which are compared with
the financial statements for the fiscal year 2023 as approved by the 2023 Annual General Meeting of Shareholders held on 17 January 2023
3 Dividends for the fiscal year 2023 shall be approved by the 2024 Annual General Meeting of Shareholders, which will be held on 16 January 2024.
