SCB Approves a Dividend Payment of THB2.63; XD Date on Feb 14

The Siam Commercial Bank Public Company Limited (SET: SCB) announced that its Board of Directors at the meeting held on 29 January 2022 has passed a resolution to approve dividend payment from the year 2021 operational results (Jan 1 – Dec 31, 2021) at the rate of THB2.63 per share.

The Ex-dividend date (XD) is set for 14 February 2022. The payment of the interim dividend will be made on 22 April 2022.

 

SCB reported a net profit of THB35,598 million in 2021, representing an increase by 30.79% from a net profit of THB27,217 million in 2020. The increase was mainly due to higher operating profit and lower provisions. Pre-provision operating profit grew 7.9% YoY to THB86.8 billion, mainly as a result of non-interest income growth and effective cost control.