Dividend Policy of STA
The Company has a dividend policy to pay a dividend of approximately 30 percent of net profit, but not in excess of the retained earnings in the Company’s separate financial statements. In determining dividend payment, various factors are taken into consideration, including STA’s financial position, operation results, cash flows, the ability of STA’s subsidiaries, associates, and joint ventures to pay a dividend, expected working capital to support STA’s future growth, economic conditions, and other external factors that may have an impact on the business operations.
Dividend Policy of Our Subsidiaries
The dividend payment of subsidiaries shall be approved by the Board of Directors of each subsidiary and shall be presented to the shareholders’ meeting for approval. The Company does not specify the percentage of dividend payment of each subsidiary. The dividend paid by the subsidiaries depends on the business profits, financial position, and future investment plans, and shall be in accordance with its Articles of Association and the relevant laws of each subsidiary.
Information of Dividend Payment for the Year 2014 – 2024
| Operating Year | Number of share | Par value (Baht) | Earnings per share (Baht) | Dividend per share (Baht) | Total dividend payment (Baht) | Dividend Payout ratio (%) |
| 2024* | 1,535,999,998 | 1 | 1.09 | 1.00 | 1,536,000,000 | 91.96 |
| 2023 | 1,535,999,998 | 1 | (0.28) | 1.00 | 1,536,000,000 | N/A |
| 2022 | 1,535,999,998 | 1 | 3.12 | 2.00 | 3,072,000,000 | 64.10 |
| 2021 | 1,535,999,998 | 1 | 10.32 | 4.15 | 6,374,400,000 | 40.21 |
| 2020 | 1,535,999,998 | 1 | 6.21 | 2.25 | 3,456,000,000 | 36.23 |
| 2019 | 1,535,999,998 | 1 | (0.10) | 0.35 | 538,000,000 | N/A |
| 2018 | 1,535,999,998 | 1 | 1.34 | 0.65 | 998,000,000 | 48.51 |
| 2017 | 1,535,999,998 | 1 | (1.05) | No Dividend Payment | ||
| 2016 | 1,280,000,000 | 1 | (0.59) | 0.40 | 512,000,000 | N/A |
| 2015 | 1,280,000,000 | 1 | 0.87 | 0.40 | 512,000,000 | 45.98 |
| 2014 | 1,280,000,000 | 1 | 0.81 | 0.40 | 512,000,000 | 49.38 |
Note : * On 17 February 2025, the Board of Directors resolved to approve the second dividend payment at the rate of 1.00 baht per share. However, the right to receive such dividend is still not definite as it is subject to the approval of the 2025 Annual General Meeting of Shareholders which will be held on 9 April 2025.