GUNKUL Gains 5% on the XD Date for ฿0.06 Interim Dividend Payout

The share price of Gunkul Engineering Public Company Limited (GUNKUL) rose ฿0.25/share or 5.21% to ฿5.05/share as of 16:12 local time in Thailand, with a trading value of 2,377 million baht.

The increase in GUNKUL’s share price was primarily due to purchasing pressure before the ex-dividend date of August 25, 2021, for its 0.06 baht per share interim dividend payout.

GUNKUL has resolved in the meeting on August 11, 2021 to approve the payment of interim dividends for the half-year performance from January 1, 2021 to June 30, 2021, in the portion that is not subject to corporate income tax due to tax exemption under the investment promotion certificate of the subsidiary to pay a cash dividend at the rate of 0.06 baht per share to ordinary shareholders, totaling cash dividend not over 535,000,000.00 baht. 

All dividends will be subject to withholding tax at the rate of 10% or 0.006 baht per share from the money that the shareholders will receive this dividend. The net dividend that  the  shareholders will receive after withholding tax will be equal to 0.054 baht per share.

The Record Date specifies the list of shareholders that are entitled to receive dividend is on  Thursday, August 26, 2021. The date of excluded dividend (XD) is on Wednesday, August 25, 2021 and the cash dividend payment date is scheduled on Thursday, September 9, 2021.