534 SET and mai-listed firms pay a combined 2018 dividends of THB 520 bln

Stocks and Financial Services Press Releases Wednesday December 26, 2018 17:40
Bangkok--26 Dec--SET

A total 534 companies listed on The Stock Exchange of Thailand (SET) and Market for Alternative Investment (mai) announced the 2018 dividend payment worth a total of THB 519.55 billion (approx. USD 15.74 billion), representing the average dividend yield of 3.31 percent.

SET Senior Executive Vice President Manpong Senanarong said the 2018 dividends paid by 534 listed companies rose 2.78 percent from a year earlier to THB 519.55 billion, as of December 12, 2018, of which 28 percent was paid by companies listed on Resources industry group. The dividend yield averaged 3.31 percent, with SET and mai-listed companies' averaging 3.13 percent and 2.66 percent, respectively. Property funds and real estate investment trusts, as well as infrastructure funds had the average dividend yield of 6.44 percent and 7.72 percent, respectively (excluding principal payment).

"The improving performance of Thai listed firms over the past months has enhanced the annual dividend payments to rise to over THB 500 billion. Most of the Thai listed firms delivered attractive returns, especially those in property funds and infrastructure funds. It is advantageous for investors to either invest directly in securities or via mutual funds," said Manpong.

The five SET-listed firms which paid the highest dividends, in descending order, were PTT pcl (PTT), The Siam Cement pcl (SCC), Advanced Info Service pcl (ADVANC), PTT Global Chemical pcl (PTTGC) and The Siam Commercial Bank pcl (SCB), with a combined THB 139.62 billion, or 29 percent of SET-listed companies' total dividends. Among the top 10 dividend-paying mai-listed companies, Forth Smart Service pcl (FSMART) paid the highest dividend and Sherwood Corporation (Thailand) pcl (SWC) paid the highest dividend yield.


Latest Press Release

KASIKORNBANK announces 2018 net profit of Baht 38,459 Million

Mr. Patchara Samalapa, President of KASIKORNBANK, said KASIKORNBANK announced net profit for the year of 2018 of Baht 38,459 Million, an increase of Baht 4,121 Million or 12.00% over the previous year. Operating performance for the year of 2018 compared...

Siam Commercial Bank reported 2018 net profit of Baht 40.1 billion

Siam Commercial Bank and its subsidiaries announced net profit of Baht 7.1 billion in the fourth quarter of 2018 and Baht 40.1 billion for 2018 (based on unaudited consolidated financial statements), a 7.1% yoy decrease from a year ago. Total operating...

Johnson Johnson Completes Acquisition of Ci:z Holdings Co., Ltd.

Johnson & Johnson (NYSE:JNJ) today announced the completion of the acquisition of Ci:z Holdings Co., Ltd. (TYO: 4924) (the "Company") for a total purchase price of approximately JPY / CNY230 billion. The acquisition was completed through a series of...

Siam Commercial Bank Partners with Chaixi Bameekiao and Visa To facilitate QR payment for noodle franchise

- Ms. Pimjai Tongmee, SCB's Payment Product Sales and Delivery Division Executive Vice President - Mr. Panrob Kamla, President of Chaixi Bameekiao Co. Ltd - Mr. Suripong Tantiyanon, Country Manager for Visa Thailand "Siam Commercial Bank" (SCB)...

Isotropic Systems Raises $14 Million in Series A Funding Led by Boeing HorizonX Ventures to Advance Space-Based Connectivity

- Isotropic's approach to next-generation integrated terminal creates profound change in terminal economics and performance to unlock the satellite industry's full potential Isotropic Systems Ltd., the next-generation integrated satellite terminal...

Related Topics