Dividend Policy
The Company has a policy of paying a dividend of not less than 50% of net profit after tax and legally retained earnings. The Company’s Board of Directors is authorized to declare no dividend payment or alter the policy occasionally to optimize the shareholders’ benefits. For example, the earnings are used for debt payment reserve, investment of business expansion or the case of changes in market conditions that may affect the company’s future cash flow.
| Security | BoD Approved Date | XD Date | Dividend Payment Date | Type of Dividend | Dividend per Share (Baht/share) | Performance Period |
|---|---|---|---|---|---|---|
| MFEC | 27/02/62 | 03/05/62 | 17/05/62 | Cash Dividend | 0.20 | Retained Earnings |
| MFEC | 26/02/61 | 03/05/61 | 18/05/61 | Cash Dividend | 0.25 | 01/01/60-31/12/60 |
| MFEC | 28/02/60 | 27/04/60 | 15/05/60 | Cash Dividend | 0.35 | 01/01/59-31/12/59 |
| MFEC | 15/03/59 | 03/05/59 | 23/05/59 | Cash Dividend | 0.33 | Retained Earnings |
| MFEC | 24/02/58 | 27/04/58 | 15/05/58 | Cash Dividend | 0.50 | 01/01/57-31/12/57 and Retained Earnings |
| MFEC | 19/02/57 | 28/04/57 | 19/05/57 | Cash Dividend | 0.45 | 01/01/56 – 31/12/56 |
| MFEC | 26/02/56 | 30/04/56 | 20/05/56 | Cash Dividend | 0.33 | |
| MFEC | 27/02/55 | 03/05/55 | 21/05/55 | Cash Dividend | 0.33 | |
| MFEC | 21/02/54 | 04/05/54 | 20/05/54 | Cash Dividend | 0.45 | |
| MFEC | 24/02/53 | 30/04/53 | 21/05/53 | Cash Dividend | 0.33 | 01/01/52 – 31/12/52 |
| MFEC | 23/02/52 | 04/05/52 | 22/05/52 | Cash Dividend | 0.45 | 01/01/51 – 31/12/51 |
| MFEC | 25/02/51 | 02/05/51 | 20/05/51 | Cash Dividend | 0.50 | 01/01/50 – 31/12/50 |
| MFEC | 21/02/50 | 03/05/50 | 18/05/50 | Cash Dividend | 0.35 | 01/01/49 – 31/12/49 |