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Dividend Information


According to AE’s AoA, dividends may only be distributed in accordance with the company’s financial capability as determined by the decisions of the Annual General Meeting of Shareholders (AGMS). The company will declare dividends with respect to: 1) the operating income, cash flows, capital adequacy and the financial condition of the company and its subsidiaries for reaching optimum growth in the future; 2) the required fulfillment of reserve funds; 3) the company and its subsidiaries’ obligations based on agreements with third parties (including creditors); 4) the compliance with the prevailing laws and regulations, and the AGMS approvals.

The management holds on to the commitment to pay back the shareholders by way of cash dividends every year. To date, AE has paid a total dividend of US$1.4 billion, with dividend payout ratio of around 40%.

The 2019 AGMS approved a total dividend payment of US$200 million, equivalent to 48% of the 2018 fiscal year’s net profit of US$418 million.

In the 2019 AGMS, the shareholders approved a total dividend payment of US$250 million, equivalent to 62% of the 2019 fiscal year’s net profit, consisting of the interim cash dividends of US$150 million paid on January 15, 2020 and US$100 million to be distributed as final cash dividends.

Dividend Distributions Since IPO

Fiscal Year
Net Income
Total Dividend
Dividend Per Share
Dividend Payout Ratio
2008 USD 79,784,047 USD 35,523,233 USD 0.00111 42.54%
2009 USD 464,403,637 USD 102,951,487 USD 0.00322 21.24%
2010 USD 245,365,981 USD 113,368,439 USD 0.00354 43.98%
2011 USD 552,102,976 USD 259,086,293 USD 0.00810 47.08%
2012 USD 385,347,573 USD 117,068,621 USD 0.00366 30.38%
2013 USD 231,230,611 USD 75,167,011 USD 0.00235 32.51%
2014 USD 178,161,857 USD 75,486,870 USD 0.00236 42.37%
2015 USD 152,440,533 USD 75,486,870 USD 0.00236 49.52%
2016 USD 334,623,054 USD101,075,640 USD 0.00316 30.21%
2017 USD 483,297,251 USD 250,130,223 USD 0.00782 51.75%
2018 USD 417,720,357 USD 200,232,122 USD 0.00626 47.93%
2019 USD 404.191.605 USD 250.130.223 USD 0,00782 61.88%

 

Last modified on June 25, 2020, 9:22 am | 27578