SET-listed firms announce dividends after healthy 2016 profits

The board of Siamraj, a company that primarily engages in the construction of natural-gas metering and pipeline systems, has approved a dividend of Bt0.06 per share on top of an interim dividend, also of Bt0.06 per share, paid in mid-2016. The company recorded net profit of Bt101.81 million for 2016.
Ladprao General Hospital’s board of directors has approved a dividend of Bt0.20 per share for its shareholders registered as of April 3, 2017. The dividend will be paid on May 19. The company reported revenue of Bt1.36 billion and net profit of Bt155.9 for 2016, up 8.54 and 55.21 per cent respectively year on year.
Techno Medical’s board has approved a share dividend, whereby holders of 10 existing shares will receive one new share. It also approved a cash dividend of Bt0.0055555557 per share. These dividends are for shareholders who have registered by May 2, 2017, and will be paid on May 18.
Origin Property’s board has approved a dividend of Bt2.5 per share after the company announced 2016 revenue of Bt3.19 billion and net profit of Bt639.6 million, up 55.7 and 65.5 per cent respectively from 2015.
Bangkok Sheet Metal’s board approved a dividend of Bt0.08 per share on top of an interim dividend of Bt0.10 per share after the company reported revenue of Bt85 million and net profit of Bt59.42 million for 2016.
Ch Karnchang’s board of directors approved a dividend of Bt0.25 per share after the company announced 2016 revenue of Bt45.76 billion and net profit of Bt2 billion.
Gunkul Engineering’s board of directors approved a share dividend whereby holders of six existing shares will get one new share. The company will also pay a cash dividend of Bt0.04 per share for shareholders registered as of April 27, 2017. 
These dividends will be proposed for shareholders’ approval on April 21, and are based on the company’s 2016 net profit of Bt537.71 million.
Tirathai’s board of directors has approved payment of a dividend of Bt0.13 per share on May 24, to be proposed at a shareholders’ meeting on April 25.
As of March 11 last year, 406 companies listed on the SET and the Market for Alternative Investment announced combined dividend payments on 2015 earnings of Bt381.65 billion, the highest valuation since the market was established. This represented a dividend pay-out ratio of more than 60 per cent.
A total of 125 companies listed on the SET and MAI announced a combined interim dividend payment of Bt95.74 billion for the first half of 2016, for a dividend pay-out ratio of 68 per cent, up from 60 per cent in the first half of 2015.
The five SET-listed firms that paid the highest dividends in the first half of 2016 were Advanced Info Service (ADVANC), PTT, Siam Cement (SCC), Land and Houses (LH) and Charoen Pokphand Foods (CPF). Their aggregate interim dividends were Bt52.55 billion, or 70 per cent of the SET’s total interim dividends by value.
The top sectors that made the highest dividend pay-outs in the first half of last year were energy and utilities, information and communications technology, construction materials, food and beverage, and property development, with combined dividend value of Bt78.69 billion, or 83 per cent of the total interim dividends.
For the full year, companies listed on the SET reported 2016 net profit of Bt909 billion, a 30.41-per-cent rise from 2015 and the highest total in |five years. 
 Five-year high
Companies listed on the Stock Exchange of Thailand reported combined 2016 net profit of Bt909 billion, a 30.41-per-cent rise from 2015 and the highest total in five years. 

Financial results for 2016 (Bt:Billion)

Revenue:     10,130
Net profit:     909

Source: Stock Exchange of Thailand