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PMC Label Materials Public Company Limited Approves Shareholder Dividend Payment

Strategic Insights

— 1 min read

PMC Label Materials Public Company Limited convened its 2025 Annual General Meeting of Shareholders on Monday, April 28, 2025, where the shareholders approved the common stock dividend payment for the Company's performance in 2024. The dividend payment represents a significant milestone for the company, marking a return on investment for its shareholders. The proposed dividend payment includes a stock dividend and a cash dividend, which will be distributed to shareholders no later than May 26, 2025.

Key Takeaways:

  • The Board of Directors of PMC Label Materials Public Company Limited unanimously passed a resolution to propose the Shareholders' Meeting to consider and approve the common stock dividend payment from the Company's operation in 2024.
  • The shareholders resolved to approve the common stock dividend payment for the Company's performance in 2024, derived from the net profit.
  • The dividend shall be paid in the form of newly issued ordinary shares of the Company to the existing shareholders at the rate of 38 existing shares per 1 ordinary share.
  • The dividend payment represents a total of not more than THB 10,000,000, with a par value of THB 1.00 per share.
  • The Company has set the Record Date for determining the names of shareholders entitled to receive the dividend as May 7, 2025.
  • The dividend payment includes a stock dividend at the rate of THB 0.025926 per share and a cash dividend at the rate of THB 0.002881 per share, to cover the applicable withholding tax.

Statistics:

  • THB 10,000,000: The total amount of dividend payment to be distributed to shareholders.
  • THB 0.028807: The dividend payment rate per share.
  • THB 0.025926: The stock dividend per share.
  • THB 0.002881: The cash dividend per share.
  • May 7, 2025: The Record Date for determining the names of shareholders entitled to receive the dividend.
  • May 26, 2025: The date by which the Company will proceed to distribute the dividend to shareholders.

Sources:

  • Enclosure: Report Form for Capital Increase (F53-4)
  • Stock Exchange of Thailand (SET) website: https://www.set.or.th/en/home

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