SET promotes dividend stocks amidst volatility

SET promotes dividend stocks amidst volatility

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Bull and bear mascots sit in the Stock Exchange of Thailand museum on Ratchadaphisek Road. (Photo: Tawatchai Kemgumnerd) Given international volatility and high interest rates, numerous financiers are browsing for financialinvestments with steady returns. Dividend stocks can offer considerable returns, particularly compared with bank deposits, as lotsof stocks deal a dividend yield of more than 5%, paying a dividend of 20% per year. Data from the Stock Exchange of Thailand (SET) revealed the average dividend yield of noted Thai business is approximately 1.25-2.25 times, which is greater than the 12-month set deposit interest rate. That makes dividend stocks a excellent alternative for long-lasting financialinvestment, according to experts. Listed business on the SET numbered 823 with overall earnings of 18.2 trillion baht in 2023, a decline of 2% from 18.6 trillion a year earlier. The integrated net earnings was 947 billion baht, down 2.6%. Of the overall, 76% or 625 business published web revenues from operations. There were some “golden goose stocks”, referring to stocks that o
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