JAS Jumps 12% after Announcing a THB0.60 Dividend Payment

The share price of Jasmine International Public Company Limited (SET: JAS) rose as much as 12% at the opening bell on Thursday after the announcement of an interim dividend payment late yesterday.

JAS announced an interim dividend payment at the amount of THB0.60 per share to be paid on 26 December 2023. The ex-dividend date is 13 December 2023. This represents a 31% yield for JAS.

The share price rose 12.37% to THB2.10 per share in the morning session on Thursday. Still, this is not a special dividend payment that investors were looking for, which is expected to be paid from the sales of JASIF and 3BB.


*noted that JAS later revised payment date from 21 December to 26 December.