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Thanachart Bank raises FY'17 final dividend

Thailand-based Thanachart Bank PCL raised its final dividend for 2017.

The bank said March 27 that its board proposed a final dividend of 52 Thai satang per share for the year ended Dec. 31, 2017, up from 40 satang per share for the prior year.

Including an interim dividend of 40 satang per share, the bank's total dividend for 2017 totaled 92 satang per share, up from 75 satang per share paid for 2016.

Subject to shareholder approval, the final dividend will be paid May 11 to the shareholders of record as of April 4.

As of March 27, US$1 was equivalent to 31.21 Thai baht.