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Thai Thanachart Capital pays higher dividend in H1

Published 2015-09-22, 07:20 a/m
© Reuters.  Thai Thanachart Capital pays higher dividend in H1
BNS
-

BANGKOK, Sept 22 (Reuters) - Thailand's Thanachart Capital
Pcl TCAP.BK , partner of Canada's Bank of Nova Scotia BNS.TO ,
said on Tuesday it will pay an interim dividend at 0.70 baht
($0.0194) per share for its first half performance, higher than
0.60 baht a year earlier.
The company expected dividend yield of 5.3-5.4 percent in
the second half if shareholders approve dividend payout ratio at
the same rate with the first half, it said in a statement.
Thanachart Capital owns 51 percent of Thanachart Bank, one
of Thailand's top five auto lenders. Scotiabank owns 49 percent
of Thanachart Bank.
($1 = 36.0100 baht)

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