North East Rubbers Public Company Limited at its AGM to be held on April 7, 2022, proposed the dividend payment for the year 2021 performance at the rate of THB 0.43 per share, which equivalents a total dividend amount of THB 749.00 million. Which when deducting the interim dividends for the results of the first nine months of 2021 at THB 0.07 per share, equivalent to THB 115.17 million which was paid to shareholders on September 6, 2021, the company will pay dividends at THB 0.36 per share or THB 633.83 million. The dividend payout ratio is 40.49% of net profit for the year 2021 after deducting legal reserve fund.
The dividend will be paid from the net profit with exemption of tax due to privileges received from the Board of Investment (BOI). Thus, this dividend amount is not entitled for tax credit. The record date which the shareholders have the right to receive the dividend payment will be on April 20, 2022.
The dividend payment date will be on May 6, 2022.