SET touts dividend stocks amid volatilityBull and bear mascots sit in the Stock Exchange of Thailand museum on Ratchadaphisek Road. Dividend stocks can provide substantial returns, especially compared with bank deposits, as many stocks offer a dividend yield of more than 5%, paying a dividend of 20% per year. To facilitate investment in dividend stocks, the SET has selected stocks for a "dividend universe" group every year since 2016. Dividend universe stocks have an average dividend yield of 4.11% per year, higher than the market average of 2.88%, while 43 of the 141 companies have a five-year average dividend yield higher than 5% per year. The top 15 stocks in the SET High Dividend Index have a three-year dividend yield ranging from 4.75% to 22.1%, averaging 8.01% per year.

Source: Bangkok Post May 03, 2024 11:38 UTC