TU to receive over 1.4 billion baht in dividends from ITC and TFM

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Summary · why it matters

Thai Union Group, or TU, will receive interim dividends from two subsidiaries totaling over 1.4 billion baht. ITC is paying a dividend of 0.55 baht per share, with an XD date of August 11 and payment on August 26. TFM is paying 0.18 baht per share, with an XD date of August 13 and payment also on August 26. Based on TU's shareholding of 79.30 percent in ITC and 51.00 percent in TFM, it will receive approximately 1.308 billion baht from ITC and about 91 million baht from TFM, totaling over 1.4 billion baht. Meanwhile, TU's share price rose 4.27 percent in July, while ITC's share price increased 8.70 percent.

Impact on assets 3

Consumer Staples▲
Thai Union Group PCL
TU
▲ PositiveCapitalrelevance

TU receives over 1.4 billion baht in dividends from subsidiaries ITC and TFM.

i-Tail Corp. PCL
ITC
▲ PositiveCapitalrelevance

ITC pays dividend of 0.55 baht per share, contributing to TU's dividend income.