The total of 487 firms listed on The Stock Exchange of Thailand (SET) and Market for Alternative Investment (mai) announced a combined 2017 dividend payment of THB 478.09 billion (approx. USD 14.94 billion), as of March 21, 2018, representing the average dividend yield of 3.41 percent.
SET President Kesara Manchusree said there were 487 listed companies (excluding property fund, REITs, and infrastructure funds) that have announced dividend payment, consisting of 400 SET-listed companies with dividend worth THB 473.27 billion and 87 mai-listed firms with dividends worth THB 4.82 billion. As much as 52 percent of the dividends were paid by companies listed on Energy & Utility, Banking, and Information & Communication Technology sectors. The dividend yield averaged 3.41 percent, while property funds including REITs, and infrastructure funds had the average dividend yield of 5.97 percent and 7.04 percent, respectively.
“Most of the Thai listed companies delivered robust performance and constantly paid dividends, while investment return is attractive. These factors are magnets for investors to consider Thai shares on their radar screen,” said Kesara.
The five SET-listed companies which paid the highest dividends, in absolute amounts in descending order, were PTT pcl (PTT), Advanced Info Service pcl (ADVANC), The Siam Cement pcl (SCC), The Siam Commercial Bank pcl (SCB) and PTT Global Chemical pcl (PTTGC), totaling worth a combined THB 132.09 billion or representing 28 percent of SET-listed companies' total dividends.
The five mai-listed firms which paid the highest dividends, in absolute amounts in descending order, were Forth Smart Service pcl (FSMART), The Brooker Group pcl (BROOK), Bangkok Dec-Con pcl (BKD), Thai Solar Energy pcl (TSE) and Fortune Parts Industry pcl (FPI), with a combined 2017 dividend of THB 1.47 billion, accounting for 30 percent of mai-listed firms ’ total dividends.
The top five listed companies by dividend per share were Kang Yong Electric pcl (KYE), Goodyear (Thailand) pcl (GYT), The Siam Cement pcl (SCC), PTT pcl (PTT) and Siam Food Products pcl (SFP), paying dividends in a range of THB 16.50 - 30.36 per share.
The five best dividend-yielding companies were Pacific Pipe pcl (PAP), Premier Technology pcl (PT), Bangsaphan Barmill pcl (BSBM), KGI Securities (Thailand) pcl (KGI) and Trinity Watthana pcl (TNITY), with dividend yield ranging from 9.42-15.23 percent.
