Bangkok--26 Aug--SET
As of August 21, 76 listed companies (excluding property funds) on The Stock Exchange of Thailand (SET) and the Market for Alternative Investment (mai) had announced interim dividends for H1/2009, totaling THB60.08 billion (approx. USD1.77 billion), equal to a dividend yield of 2.40% for the combined markets, with payout ratio of 54% of net profit. The five listed companies paying highest interim dividends for H1/2009, in order of descending amount, are PTT, ADVANC, SHIN, PTTEP, and SCC.
Even though net profit of listed companies on SET and mai in H1/2009 declined over that of H1/2008, interim dividend payments remained relatively high. The net profit of the firms announcing interim dividends was THB312.08 billion (approx. USD9.17 billion) in H1/2008, with a dividend payment ratio of 41%. On the other hand, their net profit in H1/2009 was THB207.26 billion (approx. USD6.09 billion), but their average dividend payment ratio was 54%, SET President Patareeya Benjapolchai revealed.
Of the 76 firms which had announced interim dividends, 67 listed on SET announced interim dividends of THB59.92 billion (approx. USD1.76 billion), a 19% drop from 2008, or a dividend yield of 2.40% and payout ratio of 54%. The 9 companies on mai announced payouts of THB161 million (approx. USD4.73 million), an increase of 21.01% from 2008, with a dividend yield of 3.14% and payout ratio of 51.03%.
The top five sectors with the highest interim dividend payment growth for H1/2009 over H1/2008 are Food & Beverage, up 144.62%; Electronic Components, up 120.08%; Agribusiness, up 64.53%; Banking, up 44.51% and Finance and Securities, up 36.78%.
The five SET-listed companies paying the highest interim dividend for H1/2009 accounted for 63% of total interim dividend payments from SET-listed firms. These firms, in order of descending amount, are PTT PCL (PTT), Advanced Info Service PCL (ADVANC), Shin Corporation PCL (SHIN), PTT Exploration and Production PCL (PTTEP), and The Siam Cement PCL (SCC). In the meantime, the five mai-listed companies paying highest interim dividends for H1/2009 accounted for 79% of total interim dividend payments from mai-listed companies. These firms, in order of descending amount, are Unimit Engineering PCL (UEC), Business Online PCL (BOL), Ubis (Asia) PCL (UBIS), Multibax PCL (MBAX), and Sherwood Chemicals PCL (SWC).
Of the nine companies listing in 2009, five announced their interim dividend payments. These are, in order of descending amount, Toyo-Thai Corporation PCL (TTCL), Sena development PCL (SENA), Jay Mart PCL (JMART), Qualitech PCL (QLT), and Halcyon Technology PCL (HTECH).
More listed companies will gradually announce their interim dividend decisions to investors. Please follow the news on dividend payments from SET’s website, at www.set.or.th or call S-E-T Call Center at 0 2229 2222 for more information.
For more information, please contact S-E-T Call Center 0 2229 2222
Press office, please contact Public Relations Unit, the Corporate Communications Dept.: Ladawan Kantawong Tel: 0-2229-2036 / Kanokwan Khemmalai Tel: 0-2229-2048 / Panitee Chatpolarak Tel: 0-2229-2792