JWD Board approves 0.25 baht per share dividend payment Through exemplary 2019 performance XD sign to be posted May 8th

BackMar 12, 2020

JWD InfoLogistics Public Company Limited is considered to be one of the best performing SET-registered shares in the Logistics Group with a 62% increase in net profit over the previous year's to 362.8 million baht. JWD's young Chief Executive Officer, Mr. Charvanin Bunditkitsada, presently revealed the good news that the Company's Board of Directors has given the green light to pay the dividend derived from last year's performance at the rate of 0.25 baht per share or equivalent to approximately 255 million baht, or 87.83% of the net profit according to separate financial statements and 70.29% of the net profit according to consolidated financial statements, respectively, which were higher than the previously announced policy. The Board's decision will be tabled for approval at the Ordinary Shareholders Meeting in April before posting XD sign on May 8th, 2020 and dividend paid out on May 26th, 2020. Anyone who is looking to invest in logistics shares with strong fundamentals, this period when the stock market is in the process of making technical adjustments is definitely a good time to consider adding JWD shares to the portfolio.