Post by account_disabled on Jan 6, 2024 11:50:28 GMT 5
Mr. Chansin Treenuchakorn, Chief Executive Officer and President of PTT Public Company Limited (PTT), said that today (27 September 2019) the PTT Board of Directors resolved to pay interim dividends. For the operating results of the first half of 2019, we are ready to respond to government policies to ease the burden of people's living costs. Even though the economy is in a state of slowdown, PTT is still committed to building investor confidence. Through continuous investment in important projects according to the business plan Including supporting government policy to strengthen the economic security of the country. The resolution of the board meeting approved the payment of an interim dividend to shareholders at the rate of 0.9 baht per share, representing a dividend payout ratio of approximately 47.1 percent of the net profit for the first half of 2019 and a dividend payout ratio. per year (Dividend Yield) 4.3 percent, which is in line with investors' expectations.
The Ministry of Finance, which is a major shareholder of PTT, will receive dividends, both direct and indirect, through the Vayupak Fund, amounting to approximately 16,000 million baht. More than 100,000 institutional and retail shareholders will receive. Receive dividends of more than 10,000 million baht, totaling approximately 26,000 million baht, which is considered to help stimulate the economy of the country. The date for posting the XD (Exclude Dividend) sign is set for October 10, 2019 and dividend payment to shareholders is scheduled for October 25, 2019. PTT continues to Email Marketing List invest in important projects according to the business plan. To create sustainable growth according to the strategy of creating balance in 3 dimensions (People Planet Prosperity : 3P). In addition, the PTT Board of Directors also resolved to support government policies to ease the burden of people's living costs. By providing assistance with the cost of cooking gas to 88,189 shops, hawkers, and food stalls holding state welfare cards, amounting to a discount of 100 baht per month on cooking gas for using the right to purchase cooking gas from gas stores registered with Comptroller General's Department Through electronic payment equipment (Electronic Data Capture: EDC) of Krung Thai Bank nationwide.
The period of assistance is 3 months from October. Until December 2019 in a total amount of 30 million baht, which is a pilot project of PTT in collaboration with the Ministry of Energy and the Ministry of Finance. in adjusting the database of those deserving of direct support To be in line with the information of state welfare card holders. In providing discounts on cooking gas prices, the resolution of the PTT board shows care for citizens who hold state welfare cards with low incomes. To have a more stable career It also stimulates the economy through dividends to the Ministry of Finance and more than 100,000 shareholders, amounting to approximately 26,000 million baht in October 2019, in order to create growth and sustainability of the Thai economy and society, with PTT still moving forward. Conduct business in an integrated manner in every dimension to drive the country's economic foundations to stability,” Mr. Chansin said.
The Ministry of Finance, which is a major shareholder of PTT, will receive dividends, both direct and indirect, through the Vayupak Fund, amounting to approximately 16,000 million baht. More than 100,000 institutional and retail shareholders will receive. Receive dividends of more than 10,000 million baht, totaling approximately 26,000 million baht, which is considered to help stimulate the economy of the country. The date for posting the XD (Exclude Dividend) sign is set for October 10, 2019 and dividend payment to shareholders is scheduled for October 25, 2019. PTT continues to Email Marketing List invest in important projects according to the business plan. To create sustainable growth according to the strategy of creating balance in 3 dimensions (People Planet Prosperity : 3P). In addition, the PTT Board of Directors also resolved to support government policies to ease the burden of people's living costs. By providing assistance with the cost of cooking gas to 88,189 shops, hawkers, and food stalls holding state welfare cards, amounting to a discount of 100 baht per month on cooking gas for using the right to purchase cooking gas from gas stores registered with Comptroller General's Department Through electronic payment equipment (Electronic Data Capture: EDC) of Krung Thai Bank nationwide.
The period of assistance is 3 months from October. Until December 2019 in a total amount of 30 million baht, which is a pilot project of PTT in collaboration with the Ministry of Energy and the Ministry of Finance. in adjusting the database of those deserving of direct support To be in line with the information of state welfare card holders. In providing discounts on cooking gas prices, the resolution of the PTT board shows care for citizens who hold state welfare cards with low incomes. To have a more stable career It also stimulates the economy through dividends to the Ministry of Finance and more than 100,000 shareholders, amounting to approximately 26,000 million baht in October 2019, in order to create growth and sustainability of the Thai economy and society, with PTT still moving forward. Conduct business in an integrated manner in every dimension to drive the country's economic foundations to stability,” Mr. Chansin said.