Tuesday, April 1st, 2025

Airports of Thailand Announces 0.79 THB Cash Dividend for 2024 – Key Dates and Details for SDR Holders








AIRPORTS OF THAILAND Announces Cash Dividend Amidst Shareholder Anticipation

AIRPORTS OF THAILAND Announces Cash Dividend Amidst Shareholder Anticipation

The financial community is abuzz as AIRPORTS OF THAILAND PCL has declared a cash dividend of THB 0.79 for each SDR (Singapore Depository Receipt), signaling a significant move in shareholder value.

Key Details of the Cash Dividend

The dividend announcement outlines several critical dates and figures that shareholders must be aware of. The ex-dividend date is set for December 4, 2024, with the record date following on December 6, 2024. Shareholders can expect the payment to be processed by February 7, 2025.

Importantly, the declared gross dividend rate is THB 0.79, from which a withholding tax of 10% (THB 0.079) and a corporate action fee of 1% (THB 0.00711) will be deducted. This results in a net dividend rate of THB 0.70389 per SDR.

Impact on Shareholders and Potential Price Sensitivity

Shareholders should note that the dividend is contingent upon approval at the 2025 Annual General Shareholders’ Meeting, highlighting a potential point of uncertainty that could influence share prices. Furthermore, due to the variance in record dates, the issuance and cancellation of SDRs will be suspended on December 6, 2024, which could impact trading activities.

The final distribution amount in Singapore dollars is yet to be determined, pending the prevailing foreign exchange rates. This conversion will be crucial for shareholders and could affect the perceived value of the dividend.

Conclusion

This announcement, pending shareholder approval, could potentially influence AIRPORTS OF THAILAND’s share price. Investors will be watching closely as the company moves forward with this distribution plan.

Disclaimer: This article is for informational purposes only and should not be considered as 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



VICOM’s Q3 2024 Results: OBU Project Boosts Revenue Amidst Rising Costs and Competition

VICOM Ltd Reports Strong Q3 2024 Performance Amid Competitive Pressures VICOM Ltd Reports Strong Q3 2024 Performance Amid Competitive Pressures VICOM Ltd has announced its financial results for the third quarter of 2024, showcasing...

Advanced Systems Automation Launches Rights Cum Warrants Issue: Key Dates and Details for Shareholders

Advanced Systems Automation Announces Rights Cum Warrants Issue: Potential Market Volatility Ahead Advanced Systems Automation Announces Rights Cum Warrants Issue: Potential Market Volatility Ahead Advanced Systems Automation Limited has unveiled a strategic financial maneuver...

Hanwha Ocean Achieves 92% Ownership in Dyna-Mac Holdings, Triggers Compulsory Acquisition and Delisting

Hanwha Ocean SG Holdings Pte. Ltd. Moves to Compulsory Acquisition and Delisting of Dyna-Mac Holdings Ltd. Hanwha Ocean SG Holdings Pte. Ltd. Moves to Compulsory Acquisition and Delisting of Dyna-Mac Holdings Ltd. In a...