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Bangkok Bank approves paying out $485m for dividends
The THB6.5 per ordinary share will be paid out on 9 May.
Bangkok Bank has approved a dividend payment of THB8.5 per ordinary share.
In total, the Thai bank is allotting nearly THB16.26b (over $485.07m) for dividends.
Bangkok Bank Director and Senior Executive Vice President and Corporate Secretary Kobsak Pootrakool said the resolution was adopted at the meeting of the board of directors on 20 February 2025.
The dividend yield per net profit was 37.69%, a part of which was paid as an interim dividend at the rate of THB2 per ordinary share on 20 September 2024. The remaining amount will be paid on 9 May 2025 at the rate of THB6.5 per ordinary share.
The record date for determining the shareholders who have the right to receive the dividend payment is 24 April 2025.
(THB1 = US$0.030. As of 24 February 2025, Google)