AIRPORTS THAILAND PCL Announces 2025 Cash Dividend Amidst Shareholder Anticipation

In a significant financial update, AIRPORTS THAILAND PCL has declared a cash dividend of Thai Baht 0.79 per share, pending approval at the 2025 Annual General Shareholders’ Meeting. This announcement, published on the Stock Exchange of Thailand’s website, is poised to capture the attention of investors and may influence share value.

Key Highlights:

• The gross dividend rate is set at THB 0.79 per share, with a withholding tax of THB 0.079 at 10% and a corporate action fee of THB 0.00711 at 1%, leading to a net dividend rate of THB 0.70389.
• The ex-dividend date is slated for December 4, 2024, and the record date for NVDRs is December 5, 2024.
• Shareholders can expect the payment date to fall on February 12, 2025.
• An important note for investors is the suspension of SDR issuance and cancellation on December 6, 2024, due to differences in record dates.
• The final dividend rate in Singapore dollars will be determined based on prevailing foreign exchange rates and announced by the Depository in the future.

This declaration comes with potential implications for share prices, as dividends often influence investor sentiment and stock valuation. Shareholders are advised to consider these factors in their investment strategies.

Advisory: The dividend announcement is contingent upon approval at the upcoming AGM, and investors should monitor related developments closely.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult a financial advisor before making investment decisions.

View Airports TH TH SDR1to1 Historical chart here