Dividend-paying stocks touted for investors

Sixteen listed companies have delivered an average dividend yield of more than 5% over the past three years, according to the Stock Exchange of Thailand (SET), suggesting such stocks are a “viable long-term investment option” in a low interest rate environment.

- NUNTAWUN POLKUAMDEE

These companies’ three-year average yields range from 5.43% to as high as 17%, nearly three times higher than the current average 12-month fixed deposit interest rate offered by local commercial banks.

According to the SET, the average three-year dividend yield across all constituents of the SET High Dividend 30 Index (SETHD index) is 5.58%.

Among the 30 securities in the index, 16 have consistently offered a three-year average dividend yield of more than 5% annually.