Dividend policy of B.Grimm Power
B.Grimm Power has a policy to pay dividends to shareholders at the rate of not less than 50.01percent of the normalised net profit (net profit not including unrealised gain/loss from exchange rate and non-recurring operation items) in accordance with B.Grimm Power’s consolidated statement of financial position after tax deduction, legally required reserve and obligations stated in the loan agreement. In this regard, the dividend rate is subject to change depending on operating performances, cashflow, investment requirements, terms and restrictions in loan agreements and other future considerations. Once resolved and approved by the Board of Directors, annual dividend payment must be proposed to the shareholders’ meeting, except for the interim dividend payment, where the Board of Directors are authorised to proceed with the dividend payment and report to the shareholders’ meeting for acknowledgment in due course.
Dividend Policy of Subsidiaries and Joint Ventures
The dividend policy for B.Grimm Power’s subsidiaries and joint ventures fall under the scope of the Board of Directors of subsidiaries’ and joint ventures’ considerations and approvals, which are proposed to each company’s shareholders’ meeting for approval annually. With reference to the subsidiaries’ and joint ventures’ statements of financial position, the dividend payment is based on the net profit after tax, legally required reserve, and obligations stated in the loan agreement. In this regard, the dividend rate is determined based on the operating results, cash flows, investment necessity, conditions and limitations prescribed in the loan agreement and the overall suitability of the subsidiaries and joint ventures. Meanwhile, the Board of Directors of subsidiaries and joint ventures are authorised to approve interim dividend payments and report to the shareholders’ meeting for acknowledgment in due course.
| X-Date | Payment Date | Dividend Type | Dividend (Per Share) | Operation Period |
|---|---|---|---|---|
| 10 Mar 26 | 7 May 26 | Cash Dividend | 0.232 | 01 Jul 2025 - 31 Dec 2025 |
| 26 Aug 25 | 10 Sep 25 | Cash Dividend | 0.18 | 01 Jan 2025 - 30 Jun 2025 |
| 13 Mar 25 | 9 May 25 | Cash Dividend | 0.25 | 01 Jul 2024 - 31 Dec 2024 |
| 26 Aug 24 | 6 Sep 24 | Cash Dividend | 0.18 | 01 Jan 2024 - 30 Jun 2024 |
| 13 Mar 24 | 10 May 24 | Cash Dividend | 0.18 | 01 Jul 2023 - 31 Dec 2023 |
| 28 Aug 23 | 8 Sep 23 | Cash Dividend | 0.18 | 01 Jan 2023 - 30 Jun 2023 |
| 14 Mar 23 | 10 May 23 | Cash Dividend | 0.035 | 01 Jul 2022 - 31 Dec 2022 |
| 25 Aug 22 | 9 Sep 22 | Cash Dividend | 0.03 | 01 Jan 2022 - 30 Jun 2022 |
| 11 Mar 22 | 12 May 22 | Cash Dividend | 0.27 | 01 Jul 2021 - 31 Dec 2021 |
| 26 Aug 21 | 10 Sep 21 | Cash Dividend | 0.15 | 01 Jan 2021 - 30 Jun 2021 |
| 11 Mar 21 | 11 May 21 | Cash Dividend | 0.30 | 01 Jul 2020 - 31 Dec 2020 |
| 28 Aug 20 | 11 Sep 2020 | Cash Dividend | 0.15 | 01 Jan 2020 - 30 Jun 2020 |
| 12 Mar 2020 | 30 Apr 2020 | Cash Dividend | 0.22 | 01 Jul 2019 - 31 Dec 2019 |
| 27 Aug 2019 | 10 Sep 2019 | Cash Dividend | 0.15 | 01 Jan 2019 - 30 Jun 2019 |
| 13 Mar 2019 | 10 May 2019 | Cash Dividend | 0.17 | 01 Jul 2018 - 31 Dec 2018 |
| 23 Aug 18 | 7 Sep 2018 | Cash Dividend | 0.15 | 01 Jan 2018 - 30 Jun 2018 |
| 20 Mar 2018 | 11 May 2018 | Cash Dividend | 0.30 | 01 Jan 2017 - 31 Dec 2017 |
B.Grimm Power’s Board of Directors’ Meeting No. 2/2026, dated 24 February 2026, arrived at the resolutions to propose to the Annual General Meeting of Shareholders 2026 on 22 April 2026, to consider and approve of the dividend payment for the 2025 operating results at the rate of THB 0.412 per share, equivalent to 50.0 percent of the normalised net profit in 2025. The interim dividend payment for the first half of 2025 was paid at the rate of THB 0.18 per share on 10 September 2025, and for the final dividend payment of 2025 at the rate of THB 0.232 per share. The dividend payment for the operating results in 2025 was proposed to the Annual General Meeting of Shareholders 2026.