Bualuang Securities has highlighted the late February to May 2025 period as the annual dividend payout season for listed companies.
According to historical data from the past decade (2015-2024), high-dividend stocks (SETHD) generally outperform the market in the early part of the year. In January, for instance, SETHD delivered an average return of 1.7%, surpassing the SET and SET50 returns of 1.1%.
Similarly, in February, SETHD provided a return of 1.1%, ahead of the market’s 0.3% and SET50’s 0.4%.
Krungsri Securities (KSS) has analyzed stocks expected to pay dividends in 2024. It selected stocks with a dividend yield exceeding 3.5%, offering attractive returns.
The recommended strategy is to purchase stocks about two weeks before the “XD” (Ex-Dividend) date and sell on the XD date, a historically successful tactic.
The key criteria for selecting standout dividend stocks are: 1. Stocks paying dividends for 2024, and 2. Stocks with a strong fundamental and high growth potential, such as those in the banking, ICT, real estate, and financial sectors.
In the Big Cap category, notable high-dividend stocks expected to offer substantial returns include TMBThanachart Bank PCL (SET: TTB) with an estimated yield of 7.2% and a target price of THB 2.2, Home Product Center PCL (SET: HMPRO) offering a 4.0% yield with a target of THB 13.5, and Advanced Info Service PCL (SET: ADVANC) with a 3.7% yield and a target of THB 305.
In the Mid Cap sector, interesting picks are AP (Thailand) PCL (SET: AP) with a yield of 7.6% and a target of THB 11.8, and TISCO Financial Group PCL (SET: TISCO) with a yield of 5.8% and a target of THB 97.
Data from the Stock Exchange of Thailand (SET) indicates that annual dividend payments between 2014 and 2023 ranged from THB 300-600 billion. This trend suggests that despite stock market volatility, dividend stocks remain a viable option for investors seeking consistent cash flow and stable returns.
Past performance from March 2024 to March 2025 shows the SETHD index delivered a return of 2.37%, outperforming the broader market. The SETHD, or SET High Dividend 30 Index, comprises high-market-value, liquid stocks with a steady dividend track record. Noteworthy companies included in the index are ADVANC, AP, BAM, BANPU, BBL, BCPG, COM7, HMPRO, INTUCH, and JMT, among others.
