ttb Declares Interim Dividend of 0.066 Baht per Share
TMBThanachart Bank Public Company Limited or TMBThanachart (ttb) notified the Stock Exchange of Thailand that its Board of Directors has approved an interim dividend of 0.066 baht per share paid from the Bank’s operating results for the first six months of 2025. The ex-dividend date (XD) is scheduled for October 6, 2025, and the cash dividend payment will be made on October 22, 2025.
Mr. Piti Tantakasem, CEO of TMBThanachart, mentioned, “With prudent business direction and continuous improvement in operational efficiency, ttb has maintained strong financial positions and resilience against economic uncertainties. Our commitment to delivering key missions remains intact. For ttb, 2025 is “a year to support lending customers” and the Bank continues to provide debt relief support not only to vulnerable groups but also good-credit customers with a proven repayment record. For shareholders, ttb continues to execute “Capital Management Plan”, aiming to deliver value and enhance shareholders’ total returns in both short and long term.
Under the Capital Management Plan, ttb has announced an interim dividend of 0.066 baht per share, representing a dividend payout ratio of 60% of the operating results for the first half of 2025. In total, the interim dividend amounts to 6.3 billion baht. This reflects the Bank’s commitment to maintaining a high dividend payout despite a downside pressure from ongoing economic slowdown affecting businesses and banking sector.
The ability to raise dividend payout from a pre-merger level of 30%-35% to 60% also underscores the success of ttb’s post-merger strategic direction and operational execution. Dividend yield has also risen from 2%-3% in the past to the current level of 6%-7%, positioning ttb as one of the high-dividend return stocks in banking sector.
Meanwhile, the progress of the other two capital management initiatives has been on track. These included the three-year share repurchase program (2025-2027) with the total budget of 21,000 million baht. While the share repurchase is expected to enhance ROE over the long term, it can also help cushion shareholder value against capital market volatility. Additionally, in July, the Bank completed the acquisition of shares in Thanachart Securities as part of the inorganic growth initiative to enhance long-term potential and organizational value.
For the remainder of the year, ttb will continue to pursue prudent business direction to safeguard its financial strengths. With an ongoing focus on Capital Management Plan, the Bank remains committed to delivering high dividend returns and ensuring the effective execution of the share repurchase program to maximize shareholders’ interest.”
