UV’s dividend policy is to pay out at least 50% of its net profit. Each year’s payout is subject to UV’s investment plan, justifications, and other future considerations. Upon approval by the Board of Directors, the annual dividend payout is to be presented to the shareholder’s meeting for approval. As regards and interim dividend, however, the Board is authorized to pay and report the payout at the next shareholders’ meeting.
For the dividend policy of subsidiary companies, the Board of Directors of each company will consider the dividend payment from the retain earning and cash flow balance comparing to the investment budget of the company. Should the cash flow be enough after having the legal reserve, the Board of Director will consider for dividend payment as appropriate.
|Dividend payment for the previous 5 years|
|Description||Result of Year|
|Annual dividends (Baht per share)||0.200||0.110||0.075||0.050||0.022|
|Net Profit (Million Baht)||1,075.69||630.94||428.74||175.36||249.40|
|Profit recognized based on Accounting Concept (Non-Cash) (Million Baht)||(334.48)||(280.72)||(182.61)||-||(169.00)|
|Profit remaining for dividend payment (Million Baht)||741.21||350.22||246.13||175.36||80.40|
|Dividends payout ratio on net profit (%)||51.59||60.05||58.26||54.52||52.31|