Dividend Policy
The Fund has policy to pay dividends to the unitholders more than once a year, if the Fund has sufficient retained earnings.
In aggregate for each financial year, payout shall not be less than 90 percent of the adjusted net profit.
| No. | Performance Period | Dividend Rate (Baht/Unit) | Book-Closing Date | Payment Date |
|---|---|---|---|---|
| 1. | 17/04/13-30/06/13 | 0.117 | 03/09/13 | 17/09/13 |
| 2. | 01/07/13-30/09/13 | 0.158 | 29/11/13 | 13/12/13 |
| 3. | 01/10/13-31/12/13 | 0.150 | 28/02/14 | 14/03/14 |
| 4. | 01/01/14-31/03/14 | 0.154 | 09/06/14 | 20/06/14 |
| 5. | 01/04/14-30/06/14 | 0.151 | 29/08/14 | 12/09/14 |
| 6. | 01/07/14-30/09/14 | 0.156 | 28/11/14 | 12/12/14 |
| 7. | 01/10/14-31/12/14 | 0.161 | 27/02/15 | 13/03/15 |
| 8. | 01/01/15-31/03/15 | 0.138 | 08/06/15 | 19/06/15 |
| 9. | 01/04/15-30/06/15 | 0.168 | 24/08/15 | 04/09/15 |
| 10. | 01/07/15-30/09/15 | 0.179 | 23/11/15 | 04/12/15 |
| 11. | 01/10/15-31/12/15 | 0.178 | 25/02/16 | 10/03/16 |
| 12. | 01/01/16-31/03/16 | 0.167 | 30/05/16 | 13/06/16 |
| 13. | 01/04/16-30/06/16 | 0.189 | 22/08/16 | 05/09/16 |
| 14. | 01/07/16-30/09/16 | 0.188 | 21/11/16 | 06/12/16 |
| 15. | 01/10/16-31/12/16 | 0.188 | 24/02/17 | 10/03/17 |
| 16. | 01/01/17-31/03/17 | 0.207 | 06/06/17 | 20/06/17 |
| 17. | 01/04/17-30/06/17 | 0.192 | 31/08/17 | 14/09/17 |
| 18. | 01/07/17-30/09/17 | 0.203 | 27/11/17 | 12/12/17 |
| 19. | 01/10/17-31/12/17 | 0.203 | 28/02/18 | 14/03/18 |
| 20. | 01/01/18-31/03/18 | 0.200 | 11/06/18 | 25/06/18 |
| 21. | 01/04/18-30/06/18 | 0.196 | 28/08/18 | 11/09/18 |
| 22. | 01/07/18-30/09/18 | 0.209 | 28/11/18 | 13/12/18 |
| 23. | 01/10/18-31/12/18 | 0.206 | 28/02/19 | 14/03/19 |
| 24. | 01/07/19-30/09/19 | 0.103 | 28/11/19 | 13/12/19 |
| 25. | 01/10/19-31/12/19 | 0.181 | 28/02/20 | 13/03/20 |
| Total | 17/04/13-31/12/19 | 4.342 |
Capital Decrease Policy
The Fund has policy to return the excess liquidity (if any) to the unitholders by means of capital decrease by way of decreasing unit value.
The fund shall proportionately return the capital to the unitholders whose names appear on the unitholders register as at the book-closing date, without any deduction from the fund’s retained earnings.
| No. | Amount of Capital Decrease |
Amount of Registered Capital after Capital Decrease |
Book-Closing Date | Payment Date | Capital Reduction Period | ||
|---|---|---|---|---|---|---|---|
| Per Unit (Baht) |
Total (Million Baht) |
Per Unit (Baht) |
Total (Million Baht) |
||||
| 1. | 0.077 | 445.676 | 10.723 | 62,064.724 | 29/08/14 | 12/09/14 | 17/04/13-30/06/14 |
| 2. | 0.048 | 277.824 | 10.675 | 61,786.900 | 08/06/15 | 19/06/15 | 01/07/14-31/03/15 |
| 3. | 0.064 | 370.432 | 10.611 | 61,416.468 | 30/05/16 | 13/06/16 | 01/04/15-31/03/16 |
| 4. | 0.169 | 978.172 | 10.442 | 60,438.296 | 10/06/19 | 24/06/19 | 01/01/19-31/03/19 |
| 5. | 0.204 | 1,180.752 | 10.238 | 59,257.544 | 28/08/19 | 11/09/19 | 01/04/19-30/06/19 |
| 6. | 0.123 | 711.924 | 10.115 | 58,545.620 | 28/11/19 | 13/12/19 | 01/07/19-30/09/19 |
| 7. | 0.034 | 196.792 | 10.081 | 58,348.828 | 28/02/19 | 13/03/19 | 01/10/19-31/12/19 |
| 8. | 0.130 | 752.440 | 9.951 | 57,596.388 | 15/06/20 | 29/06/20 | 01/01/20-31/03/20 |
| 9. | 0.134 | 775.592 | 9.817 | 56,820.796 | 30/11/20 | 15/12/20 | 01/04/20-30/09/20 |
| 10. | 0.125 | 723.500 | 9.692 | 56,097.296 | 01/03/21 | 15/03/21 | 01/10/20-31/12/20 |
| 11. | 0.049 | 283.612 | 9.643 | 55,813.684 | 14/06/21 | 28/06/21 | 01/01/21-31/03/21 |
| 12. | 0.089 | 515.132 | 9.554 | 55,298.552 | 28/02/22 | 14/03/22 | 01/04/21-31/12/21 |
| 13. | 0.062 | 358.856 | 9.492 | 54,939.696 | 13/06/22 | 27/06/22 | 01/01/22-31/03/22 |
| 14. | 0.097 | 561.436 | 9.395 | 54,378.260 | 29/08/22 | 12/09/22 | 01/04/22-30/06/22 |
| 15. | 0.146 | 845.048 | 9.249 | 53,533.212 | 28/11/22 | 13/12/22 | 01/07/22-30/09/22 |
| 16. | 0.162 | 937.656 | 9.087 | 52,595.556 | 28/02/23 | 15/03/23 | 01/10/22-31/12/22 |
| 17. | 0.182 | 1,053.416 | 8.905 | 51,542.140 | 12/06/23 | 26/06/23 | 01/01/23-31/03/23 |
| 18. | 0.177 | 1,024.476 | 8.728 | 50,517.664 | 29/08/23 | 12/09/23 | 01/04/23-30/06/23 |
| 19. | 0.208 | 1,203.904 | 8.520 | 49,313.760 | 27/11/23 | 12/12/23 | 01/07/23-30/09/23 |
| 20. | 0.200 | 1,157.600 | 8.320 | 48,156.160 | 27/02/24 | 12/03/24 | 01/10/23-31/12/23 |
| Total | 2.480 | 17/04/13-31/12/23 | |||||
Reason for Capital Decrease :
| No. 1-3 | the Fund had excess cash from amortization of issuance cost which was non-cash expense |
| No. 4-20 | the Fund had loss on valuation of investment which was non-cash expense |
The assets value of infrastructure projects invested by the Fund shall be decreasing according to the remaining period of rights in net revenues. The unitholders shall be entitled to receive the proceeds from the dividend and the capital reduction. At the end of term of rights to receive net revenues or associated with net revenues of such projects invested by the Fund, the value of investment units may be decreasing and reach Baht 0. |