PTT Public Company Limited Approves Interim Dividend for the First Six-Month of the Year 2021, Payable on October 15, 2021
September 16, 2021 at 07:18 am EDT
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PTT Public Company Limited announced that PTT's Board of Directors at the meeting No.9/2564 held on 16 September 2021 approved a resolution of interim dividend payment for the first six-month performance of year 2021 to PTT's shareholders at the rate of THB 1.20 per share, totaling approximately THB 34,276 million, or 60% of the consolidated net income. The details are as follows; Dividend payment of THB 0.80 per share, totaling approximately THB 22,851 million, will be paid out from the unappropriated retained earnings in the part of PTT's net profit which is subject to 20% corporate income tax wherein individual shareholders shall be entitled to a dividend tax credit in the computation of tax under Section 47 bis of the Revenue Code. Dividend payment of THB 0.40 per share, totaling approximately THB 11,425 million, will be paid out from the unappropriated retained earnings in the part of dividend received from PTT Exploration and Production Public Company Limited which is subject to 50% petroleum income tax wherein individual shareholders shall not be entitled to a dividend tax credit in the computation of tax under Section 47 bis of the Revenue Code. The Record Date to entitle rightful shareholders who may receive the interim dividend will be on 30 September 2021. The payment of the interim dividend will be made on 15 October 2021.
PTT Public Company Limited is a Thailand-based company, which is engaged in the petroleum business. The Companyâs segments include upstream petroleum and natural gas, downstream petroleum, new business and infrastructure and Others. The upstream petroleum and natural gas segment includes petroleum exploration and production and natural gas. The downstream petroleum segment includes oil and retail, international trading and petrochemicals and refining. The oil and retail business engages in the oil and retail business including service station, EV station, food and beverage, convenience store, and related businesses in both domestic and overseas. Its products include Natural Gas for Automotive (NGV), Natural Gas Wholesale Market Customers and others. Its services include Natural Gas Services for Vehicles, Natural Gas Pipeline Transportation, Order Management Center (ORCC), PTT Electronic Bill Presentment & Payment, PTT E-Tax Web and Collateral Information Ptt.