FAQ
What is Indorama Venture’s dividend policy?
The Company’s policy is to pay a total dividend of not less than 30% of net profit after tax and appropriation to the legal reserve. However, the board of directors has the authority to consider waiving or amending the Dividend Payment Policy subject to the conditions that bring the greatest benefit to shareholders, such as using a portion of net profit as a reserve for debt payments, capital investments for production expansion, or as support in case of changing market conditions which could affect the Company’s future cash flow. [Dividend Information]
Can I claim dividend tax credit?
The company will pay a dividend of not less than 30% of net profit after all legal deductions. As IVL receives most of its revenues in the form of dividends from subsidiaries, the company is required under Thai Revenue Code to deduct withholding tax on dividends to its shareholders, with the following exceptions:
- Listed company shareholders
- Any company holding more than 25% shares (where the holding period is more than six months)
Note that shareholders are not allowed to claim a refund of their withholding tax from the Thai Revenue Department because the dividend has been paid out of the non–taxable income of IVL.
What is Indorama Venture’s foreign limit?
There is no foreign limit.
Additional inquiries regarding further information about Indorama Ventures such as product portfolio, business operations, or financial performance
The Investor Relations section on the Indorama Ventures website contains a variety of resources. Information related to the company’s businesses, financials, sustainability efforts, and investor presentations can be found within the respective sections under Investor Relations. [Annual Report] [Presentation] [MDA] [Webcasts] [Sustainability]