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Thai Stock Market-Dividends

Featured Replies

I am not very familiar with the Thai stock market(SET), Are there any high (5% or higher) dividend paying stocks available?

Lefty

As a starting point you could look at the constituents of the SETHD index. This is an index of large caps that have consistently paid high dividend yields.

This explains the index

http://www.set.or.th/en/products/index/SETHD.html

This page has a list of the 30 constituents

http://marketdata.set.or.th/mkt/sectorquotation.do?sector=SETHD&langauge=en&country=US

You can then click on any of the tickers, eg AMATA first on the list, and if you click on the "profile tab", you get an an overiewe include dividend yield. The other tabs have various useful info, including financial summaries, news items, disclosures etc, e.g.

http://www.set.or.th/set/companyprofile.do?symbol=AMATA&language=en&country=US

Should give you a decent starting point for your analysis and searching.

Setttrade also has some useful summary info if on companies if you search around.

http://www.settrade.com/login.jsp?txtBrokerId=IPO&txtFailMsg=

For Thai equities, sustainable higher yields are more in the 3% - 4% range at the moment as the market is trading at quite high levels on P/Es etc. So if 5% and more be careful on the reasons why and if they are sustainable or one offs

If it's THB yields you are chasing, you could also look at REITS - these are also traded on the SET in the same way as equities, and related to property investments with tax considerations that require them to pay out high %s of earnings.

Cheers

Fletch smile.png

how would one invest in these? are they low fee index funds? what are the requirements?

They are shares of individual companies. You would buy them thru a stock broker.

SETHD is just an index made up of 30 consistent high dividend paying companies. So a list of 30 companies to start looking at.

Same way FTSE100 is the index for top 100 shares in UK or S&P 500 an index in US for UK or US equities.

As they are shares in companies not funds the only fees are stockbroker fees on buying the shares.

Cheers

Fletch :)

This chart lists the 30 constituents of the SETHD and includes the yields on the same page.

http://siamchart.com/stock/SETHD

At a glance, only 3 of them have yields above 5%. (But then you have to ask yourself "why does a company have a high yield?" It could be a sign of a company that's fallen from grace, so the stock price has fallen, inflating the yield.) The yield of the index overall is about 3.5%.

The same page will let you select other indices such as the SET100 in search of high yielding companies.

I believe stock markets in most countries.If they pay A high yield do your homework before you pull the trigger.

Virtually ALL Asian stock markets are not for the dividend-hunters.

If your main purpose is to get nice dividends, stick to the tried and tested markets, US and Europe, Germany in particular, where you can get stellar dividends at the moment due to the low Euro if you do your homework.

Virtually ALL Asian stock markets are not for the dividend-hunters.

If your main purpose is to get nice dividends, stick to the tried and tested markets, US and Europe, Germany in particular, where you can get stellar dividends at the moment due to the low Euro if you do your homework.

Whilst it used to be the case, yields in Asian markets have been creeping up. With the US, however, dividends have typically been low, with major companies such as Google, Berkshire Hathaway, Amazon, eBay, Gilead, AIG and Celgene not paying dividends at all.

Quickly to compare markets I looked at income funds in each of the areas, assuming that the fund managers avoid dodgy, high yielding shares whilst buying solid ones. The particular funds were simply the first ones that came up for each market in a Google search:

JPMorgan US Income 1.81%

Majedie UK Income 3.1%

Aberdeen Asian Income 4.1%

BlackRock Continental Europe Income 4.7%

Based upon this, albeit very rough and ready, comparison, it would appear that Asia is a decent hunting ground for those seeking dividend income.

Virtually ALL Asian stock markets are not for the dividend-hunters.

If your main purpose is to get nice dividends, stick to the tried and tested markets, US and Europe, Germany in particular, where you can get stellar dividends at the moment due to the low Euro if you do your homework.

As AyG says, in the last few years Asian companies have started to realise the demand for dividends. There's quite a few articles on this around. Here's a write up for Newton Asia Income from a couple of months back, which touches on this theme.

http://www.hl.co.uk/funds/fund-in-focus/newton-asian-income-2014-10-10

There are also regional/Asian fund management companies recognising this demand, eg 2 examples of ETFs from CIMB (Malaysia, with these ETFs listed on SGX)

http://www.bloomberg.com/quote/ASEANS:SP

http://www.bloomberg.com/quote/CIMBDVD:SP

First yields 3.15% and tracks the TFSE ASEAN 40 index. Second yields 5.42% aims to come close to an S&P Asia Ethical Dividends Index. So there are even now Asian indices measuring dividends paying companies in addition to Asian fund management companies

Cheers

Fletch smile.png

  • 2 weeks later...

Asking how to find a reliable stockbroker in Thailand is said to be a frequent question here. How nice to have such a problem. Next problem is a lack of concrete answers. One could, of course trade out of one's country of birth but they impose 'money laundering restrictions' by the same agencies who carefully failed to catch the banksters gambling at public expense a few years ago.

Main question: Is there a stockbroker in Thailand, or anywhere else in SouthEast Asia that is considered honest & reliable. I should certainly like to know of 'em.

Call me a cynic if you will - Yer a cynic, Euca. - but who is to be trusted these days...

Answers from the knowledgeable would be appreciated.

sori folks nothing to help or add.just want to add it into 'participated' to keep the earlier links :lol:

Sent from my GT-I9000 using Thaivisa Connect Thailand mobile app

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