Supalai changes dividend policy for Supalai stock

Published on 10/25/2026 at 00:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Supalai sets a 35 percent dividend floor on October 14, 2026. Supalai stock has 15 analyst ratings and a THB 17.63 average target in Thailand.

Dividend policy and earnings dates

Supalai changed its dividend policy on October 14, 2026, setting a 35 percent minimum based on consolidated net profit.
First-half 2026 net profit rose 36 percent year over year to THB 2.049 billion.
Investing.com lists November 17, 2026, as Supalai's next results date.
Supalai had a market capitalization of THB 30.1 billion as of October 22, 2026.

Supalai, TH0371010R13, Illustration mit AI erstellt.

Supalai (TH0371010R13) changed its dividend policy on October 14, 2026, setting a minimum annual payout of 35 percent of consolidated net profit, according to the company's investor-relations page. The revised framework makes operating performance, cash flow, investment plans, liquidity and debt conditions part of the payout decision.

What does the 35 percent floor change?

The change shifts the reference point from separate-entity profit to consolidated profit, while retaining the legal and financing conditions around distributions. The policy therefore gives investors a clearer minimum while leaving the final payment dependent on retained earnings, liquidity and capital needs.

MarketScreener reported that the former policy used separate financial statements and allowed annual dividends of up to 60 percent of net profit under bond terms, while the revised policy uses consolidated financial statements and keeps the minimum at 35 percent.

Three milestones shape the story

On August 11, 2026, Supalai reported second-quarter and first-half results, including THB 6.94 billion of revenue and THB 1.65 billion of net income, according to MarketScreener. On October 1, 2026, Supalai's presentation showed first-half net profit up 36 percent year over year to THB 2.049 billion and nine-month presales of THB 18.519 billion, according to TradingView. On October 14, 2026, the board approved the dividend-policy amendment, as stated by Supalai.

When are the next results due?

Investing.com lists November 17, 2026, as the next reporting date. Its estimates page shows six analysts covering the current quarter's revenue, with an average estimate of THB 6.23 billion.

Balance sheet remains part of the debate

UOB Kay Hian maintained a THB 17.50 target and a Buy recommendation on October 8, 2026, while warning that flooding in Bangkok could reduce third-quarter transfers. The research house estimated third-quarter net profit at THB 6.084 billion, down 4.5 percent year over year, according to UOB Kay Hian.

Stock context for German investors

Supalai's primary listing is on the Stock Exchange of Thailand under ticker SPALI. Its market capitalization was THB 30.1 billion as of October 22, 2026, and its 52-week range was THB 14.80 to THB 19.00. The company operates residential, commercial and hotel businesses in Thailand and Australia.

The further course of trading is shown by the continuously updated real-time quote of Supalai stock.