Airports of Thailand SDR Cash Dividend: A Potential Boost for Shareholders?

Airports of Thailand has announced the final cash dividend rate for its Thai SDRs (Symbol: AIRPORTS TH TH SDR 1TO1), which could be significant for shareholders and potentially impact share prices. The details are as follows:

Key Points of the Announcement

• Gross Dividend Rate: THB 0.79
• Withholding Tax: THB 0.079 at a rate of 10%
• Corporate Action Fee: THB 0.00711 at a rate of 1%
• Net Dividend Rate: THB 0.70389
• Final Dividend Rate in SGD: SGD 0.02772
• Exchange Rate Used: 25.39614

Important Dates for Shareholders

• Ex-Date: 04 December 2024
• Record Date: 06 December 2024 for NVDRs, 05 December 2024 for SDRs
• Payment Date: 07 February 2025 for NVDRs, 12 February 2025 for SDRs
• Book Close Date: From 03 December 2024 to 06 December 2024

Potential Impact on Share Value

This announcement is subject to approval at the 2025 Annual General Shareholders’ Meeting, making it a potentially price-sensitive event. Shareholders should be aware of the differing record dates, as the Depository will suspend issuance and cancellation of the SDR on 06 December 2024. This could influence trading volumes and share price volatility around these dates.

Investors are advised to monitor these developments closely, as they could impact the valuation and trading behavior of Airports of Thailand shares in the market.

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