Dynasty Ceramic Public Company Limited Approves Interim Cash Dividend for the First Quarter Ended March 2020, Payable on June 4, 2020
May 05, 2020 at 02:04 am
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Dynasty Ceramic Public Company Limited at its Board Meeting held on May 5, 2020, approved interim cash dividend payment from the operational performance of the first quarter ended March 31, 2020 at total amount of 70% of net profit after income tax of reviewed consolidated financial statements. Dividend per share is approved to be in the range between THB 0.028 (for shareholders who exercise warrants in full amount is 1,907,758,884 units, including the number of shares 9,139,191,541 shares), up to THB 0.035 per share (in the case that there is no shareholder exercising warrants (DCC-W1) at 0 units from the number of registered and paid-up shares 7,231,432,657 shares). The Board of Directors approved the record date for entitlements to the interim dividend to be May 21, 2020 and the interim dividend payment date will be on June 4, 2020.
Dynasty Ceramic Public Company Limited is a Thailand-based company, which is principally engaged in the manufacturing and selling of ceramic wall and floor tiles, together with space rental and providing utilities service. The Company purchases the ceramic floor, wall and Tile grout from Tile Top Industry Public Co., Ltd., which is a subsidiary of the Company. The Company also purchases the ceramic floor and wall from The Royal Ceramic Industry Public Co., Ltd., which is a subsidiary of the Company. The Company orders other related products, such as Tile grout, Tile adhesive, Corner-trim for sale. The ceramic tiles produced by the Company and its subsidiaries comprise under the trademark Dynasty, Tile Top, Jaguar, Value, Mustang, Chicken, Birdie, Ducky, Swan, M, Cosmo and RCI. It distributes tiles through outlets, more than 200 outlets, which are its outlets. It owns one factory and other three factories of subsidiary company is located in Nong Khae district, Saraburi province.