{"id":3178,"date":"2023-11-21T15:44:09","date_gmt":"2023-11-21T08:44:09","guid":{"rendered":"https:\/\/www.nova-organic.com\/?page_id=3178"},"modified":"2024-02-15T16:30:09","modified_gmt":"2024-02-15T09:30:09","slug":"dividend-policy","status":"publish","type":"page","link":"https:\/\/www.nova-organic.com\/en\/dividend-policy\/","title":{"rendered":"Dividend Policy"},"content":{"rendered":"\n\t<section class=\"section\" id=\"section_884557251\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t<div class=\"section-bg-overlay absolute fill\"><\/div>\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n<div class=\"row hide-for-small\"  id=\"row-1365609823\">\n\n\t<div id=\"col-1668273230\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"stack-408036104\" class=\"stack stack-row justify-start items-stretch sm:stack-col sm:justify-start sm:items-start\">\n\t\t\n<a href=\"http:\/\/www.nova-organic.com\/en\/\" class=\"button primary is-link lowercase\"  >\n\t\t<span>Home<\/span>\n\t<\/a>\n\n<a class=\"button primary is-link lowercase\"  >\n\t<i class=\"icon-angle-left\" aria-hidden=\"true\" ><\/i>\t<span>Investors<\/span>\n\t<\/a>\n\n<a class=\"button primary is-link lowercase\"  >\n\t<i class=\"icon-angle-left\" aria-hidden=\"true\" ><\/i>\t<span>Stock and Dividend<\/span>\n\t<\/a>\n\n<a class=\"button primary is-link lowercase\"  >\n\t<i class=\"icon-angle-left\" aria-hidden=\"true\" ><\/i>\t<span>Dividend Policy<\/span>\n\t<\/a>\n\n\t\t\n<style>\n#stack-408036104 > * {\n  --stack-gap: 0rem;\n}\n@media (min-width:550px) {\n  #stack-408036104 > * {\n    --stack-gap: 0.75rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row\"  id=\"row-1946870737\">\n\n\t<div id=\"col-1265341948\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-206305786\" class=\"text\">\n\t\t\n<h1>DIVIDEND POLICY<\/h1>\n\t\t\n<style>\n#text-206305786 {\n  font-size: 1.2rem;\n  color: #002b49;\n}\n#text-206305786 > * {\n  color: #002b49;\n}\n@media (min-width:550px) {\n  #text-206305786 {\n    font-size: 1.5rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row\"  id=\"row-2016385303\">\n\n\t<div id=\"col-1493736427\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-2385438608\" class=\"text\">\n\t\t\n<p>The Company has the dividend policy to pay dividends to shareholders at the rate of not less than 40 percent of the net profit of the separate financial statements after tax and legal reserve and other reserves (if any).<\/p>\n\t\t\n<style>\n#text-2385438608 {\n  font-size: 1.5rem;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-3044728720\" class=\"text\">\n\t\t\n<p>However, the dividend payment is subject to change depending on the operating results, financial position, liquidity, business expansion plan, working capital requirement, future investment, economic conditions, suitability and other factors related to the operations and management of the Company under the condition that the Company must have enough liquidity to operate the business and such action must maximize benefit to the shareholders as the Board of Directors and\/or the shareholders of the Company deems appropriate.<\/p>\n<p>The Board of Directors\u2019 resolution on approval for the annual dividend payment shall be proposed to shareholders\u2019 meeting for approval on such payment, except for interim dividend payment which the Board of Directors has authority to approve from time to time when deemed that the Company has appropriate profits. The interim dividend payment will then be reported at the next shareholder meeting.<\/p>\n\t\t\n<style>\n#text-3044728720 {\n  font-size: 1rem;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"wpdt-c row wpDataTableContainerSimpleTable wpDataTables wpDataTablesWrapper\n wdtscroll\"\n    >\n        <table id=\"wpdtSimpleTable-29\"\n           style=\"border-collapse:collapse;\n                   border-spacing:0px;\"\n           class=\"wpdtSimpleTable wpDataTable\"\n           data-column=\"5\"\n           data-rows=\"4\"\n           data-wpID=\"29\"\n           data-responsive=\"0\"\n           data-has-header=\"0\">\n\n                    <tbody>        <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-fs-000020 wpdt-bold wpdt-tc-00313C\"\n                                    data-cell-id=\"A1\"\n                data-col-index=\"0\"\n                data-row-index=\"0\"\n                style=\" width:198px;                padding:10px;\n                \"\n                >\n                                X-Date                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000020 wpdt-bold wpdt-tc-00313C\"\n                                    data-cell-id=\"B1\"\n                data-col-index=\"1\"\n                data-row-index=\"0\"\n                style=\" width:200px;                padding:10px;\n                \"\n                >\n                                Payment Date                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000020 wpdt-bold wpdt-tc-00313C\"\n                                    data-cell-id=\"C1\"\n                data-col-index=\"2\"\n                data-row-index=\"0\"\n                style=\" width:200px;                padding:10px;\n                \"\n                >\n                                Dividend Type                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000020 wpdt-bold wpdt-tc-00313C\"\n                                    data-cell-id=\"D1\"\n                data-col-index=\"3\"\n                data-row-index=\"0\"\n                style=\" width:303px;                padding:10px;\n                \"\n                >\n                                Dividend Per Share (THB)                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000020 wpdt-bold wpdt-tc-00313C\"\n                                    data-cell-id=\"E1\"\n                data-col-index=\"4\"\n                data-row-index=\"0\"\n                style=\" width:200px;                padding:10px;\n                \"\n                >\n                                Operation Period                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"A2\"\n                data-col-index=\"0\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                -                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"B2\"\n                data-col-index=\"1\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                -                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"C2\"\n                data-col-index=\"2\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                No Dividend                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"D2\"\n                data-col-index=\"3\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                -                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"E2\"\n                data-col-index=\"4\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                01\/01\/2022 - 31\/12\/2022                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"A3\"\n                data-col-index=\"0\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                -                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"B3\"\n                data-col-index=\"1\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                -                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"C3\"\n                data-col-index=\"2\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                No Dividend                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"D3\"\n                data-col-index=\"3\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                -                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"E3\"\n                data-col-index=\"4\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                01\/01\/2021 - 31\/12\/2021                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"A4\"\n                data-col-index=\"0\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                18\/01\/2022                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"B4\"\n                data-col-index=\"1\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                03\/02\/2022                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"C4\"\n                data-col-index=\"2\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Cash Dividend                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"D4\"\n                data-col-index=\"3\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                0.35                <\/td>\n                                            <td class=\"wpdt-cell wpdt-fs-000015 wpdt-tc-00313C\"\n                                    data-cell-id=\"E4\"\n                data-col-index=\"4\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Retained Earnings                <\/td>\n                                        <\/tr>\n                    <\/table>\n<\/div><style id='wpdt-custom-style-29'>\n.wpDataTablesWrapper table.wpDataTable > thead > tr > th{ border: none !important; }\n.wpdt-fs-000020 { font-size: 20px !important;}\n.wpdt-tc-00313C { color: #00313C !important;}\n.wpdt-fs-000015 { font-size: 15px !important;}\n<\/style>\n<style>\n\/* th background color *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n\tbackground-color: #F5F7F7 !important;\n    background-image: none !important;\n}\n\/* th border color *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead tr > th{\n    border-bottom-color: #3E5D58 !important;\n    border-right-color: #3E5D58 !important;\n    border-top-color: #3E5D58 !important;\n    border-left-color: #3E5D58 !important;\n}\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n\tborder-color: #3E5D58 !important;\n}\n\n\/* td inner border color *\/\n.wpdt-c.wpDataTablesWrapper table.wpDataTable.wpdtSimpleTable td,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable td {\n\tborder-color: #3E5D58 !important;\n}\n    \/* odd rows background color *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable tr.odd td,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable tr.odd td {\n\tbackground-color: #3E5D58 !important;\n}\n\/* odd rows active background color *\/\n.wpdt-c .wpDataTablesWrapper table.wpDataTable tr.odd td.sorting_1 {\n\tbackground-color: #FFFFFF !important;\n}\n\/* table font size *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable {\n    font-size:1px !important;\n}\n \n<\/style>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n\t\t<\/div>\n\n\t\t\n<style>\n#section_884557251 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: rgb(247, 252, 255);\n}\n#section_884557251 .section-bg-overlay {\n  background-color: rgba(255, 255, 255, 0);\n}\n<\/style>\n\t<\/section>\n\t\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-blank.php","meta":{"footnotes":""},"class_list":["post-3178","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - 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