Dividend Policy and Payment

The Company has dividend payment policy not to be lower than 40% of the net profit after tax and reserve deduction according to the laws. Nevertheless, the dividend payment will depend on investment plan, necessity, and appropriateness in the future.

For subsidiaries, the Board of Directors of the subsidiaries will consider dividend payment from cash flow balance when comparing with that subsidiaries’ investment budget. If cash flow balance has enough and reserve according to the laws, the Board of Directors of the subsidiaries will consider dividend payment case by case.

Dividend Payment Data
Sabina Co.Ltd. Unit 2023* 2022 2021
Dividend per share (Baht) 1.33 1.20 0.85
Dividend remuneration rate
(Overall financial statement)
(%) 99.92 99.95 100.40
Dividend remuneration rate
(Specific financial statement)
(%) 93.78 98.48 99.42
Remark *2023 dividend payment - the Board of Directors' meeting passed a resolution to pay interim dividends at the rate of 0.66 baht per share, and on February 22, 2024, the Board of Directors passed a resolution to pay dividends from the retained earnings at the rate of 0.67 baht per share, including dividend payment for the year 2023 equal to 1.33 per share Baht, which will be further proposed to the Annual General Meeting of Shareholders for the year 2024.
X-Date Book Closing Date Record Date Payment Date Dividend Type Dividend
(per Share)
Unit Operation Period Source of Dividend
28/08/23 - 29/08/23 12/09/23 Cash Dividend 0.66 Baht - Retained Earnings
05/05/22 - 06/05/22 19/05/22 Cash Dividend 0.44 Baht - Retained Earnings
26/08/21 - 27/08/21 10/09/21 Cash Dividend 0.41 Baht - Retained Earnings
06/05/21 - 07/05/21 21/05/21 Cash Dividend 0.45 Baht - Retained Earnings
26/08/20 - 27/08/20 11/09/20 Cash Dividend 0.35 Baht - Retained Earnings
24/04/20 - 27/04/20 08/05/20 Cash Dividend 0.62 Baht - Retained Earnings
26/08/19 - 27/08/19 06/09/19 Cash Dividend 0.57 Baht - Retained Earnings
07/05/19 - 08/05/19 22/05/19 Cash Dividend 0.54 Baht - Retained Earnings
20/08/18 - 21/08/18 03/09/18 Cash Dividend 0.50 Baht - Retained Earnings
23/04/18 - 24/04/18 08/05/18 Cash Dividend 0.68 Baht - Retained Earnings
23/08/17 28/08/17 - 08/09/17 Cash Dividend 0.1400 Baht 01/01/17-30/06/17 Net Profit
21/04/17 26/04/17 - 09/05/17 Cash Dividend 0.1400 Baht 01/01/16-31/12/16 Net Profit
23/08/16 26/08/16 - 09/09/16 Cash Dividend 0.10 Baht 01/01/16-30/06/16 Net Profit
03/05/16 10/05/16 - 19/05/16 Cash Dividend 0.11 Baht 01/01/15-31/12/15 Net Profit
26/08/15 31/08/15 - 11/09/15 Cash Dividend 0.08 Baht 01/01/15-30/06/15 Net Profit
07/05/15 12/05/15 - 22/05/15 Cash Dividend 0.10 Baht 01/01/14-31/12/14 -
26/08/14 29/08/14 - 11/09/14 Cash Dividend 0.0700 Baht - -