Companies announce dividend payouts

10 Jul 2018  2050 | Cambodia Travel News

Cambodian Economy and Finance Minister Aun Pornmoniroth speaks during the listing ceremony of the state-run Phnom Penh Autonomous Port (PPAP) on the Cambodia stock market in Phnom Penh, Cambodia, Dec. 9, 2015. Xinhua/Phearum

Three publicly-traded companies this week announced dividend payouts for 2017.

Grand Twins International, the first company to be listed on the Cambodian Stock Exchange (CSX), will give a total of 2.4 billion riel ($600,000) to shareholders, with dividend per share set at 60 riel. The company’s dividend payout ratio – the amount of dividends paid to stockholders relative to the amount of total net income of a company – is 89.89 percent. The payments will be made on July 20-27.

The dividend payout ratio at Phnom Penh Special Economic Zone, meanwhile, is 20.47 percent. Total payout will be 1.3 billion riel ($347,250), with each share yielding 24 riel. Payments will be disbursed from July 31 to August 8.

Finally, at Sihanouk Autonomous Port the payout ratio is 34.37 percent, with a total payout of 8.6 billion riel ($2.1 million), and a dividend per share of 403 riel, which will be distributed on August 1-9.

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