ANANDA DEVELOPMENT PUBLIC COMPANY LIMITED

The Company’s Board of Directors (the "Board") may consider making an annual dividend payment provided that such dividend payment must be approved at a shareholders’ meeting. This does not include interim dividend payments, which the Board, from time to time, has a right to approve if it views that the Company has sufficient profits to be allocated to its shareholders. In this regard, the Board must report such payments to shareholders for acknowledgement at the next shareholders’ meeting.

The Company will make dividend payments at a rate of not less than 40% of net profits after deduction of all taxes and legal reserves. The Board will consider paying dividends after taking into account shareholders’ interests. These considerations include reservation of funds for future investment, repayment of loans or for the Company’s working capital.

Performance Period
(Year)
Type of Dividend Payment Date Dividend Per Share (Baht) Total Amount of Dividend (Baht/Share) Percentage of Net Profit (Consolidated)
2019 Dividend 25 May 20 0.0265 0.1175 55.58
Interim Dividend 06 Sep 19 0.091 - -
2018 Dividend 17 May 19 0.1390 0.2540 34.99
Interim Dividend 05 Sep 18 0.1150 - -
2017 Dividend 11 May 18 0.0675 0.1275 32.28
Interim Dividend 06 Sep 17 0.06 - -
2016 Dividend 26 May 17 0.085 0.125 29.76
Interim Dividend 9 Sep 16 0.04 - -
2015 Dividend 25 May 16 0.068 0.100 22.84
Interim Dividend 10 Sep. 15 0.032 - -
2014 Dividend 8 May 15 0.068 0.098 34.22
Interim Dividend 12 Sep 14 0.030 - -
2013 Dividend 6 May 14 0.050 0.050 95.67

In respect of dividend payment policies of the remaining subsidiaries, no rates of dividend payment after deduction of all taxes and legal reserves have been fixed. However, the board of the subsidiaries and/or the shareholders of the subsidiaries will consider paying dividends after taking into account the nature of business and whether there are investment plans to expand the business of such subsidiaries.