Dividend payouts down but still lucrative
published : 6 Apr 2021 at 08:50
2
A total of 52 SET-listed companies out of 570 were unable to maintain dividend payments in 2020 as the pandemic hobbled their financial capacity.
The average dividend payment rate of the 518 companies was 1.5% in 2020 compared with 2.2% the previous year.
According to the Stock Exchange of Thailand s statistics, the SET Index in April rose 3.01% from the previous month as investors flocked to high-dividend stocks in hopes of capital gains and high dividend yields.
The statistics suggest the price of stocks with high dividend payouts exceeded the average SET return.
Stock prices normally increase a month before the SET imposes the XD sign (excluding dividend) on the trade of these stocks, with an average price gain of 5%.
SET mulls measures after Delta surge
3
published : 30 Dec 2020 at 04:05
3
The Stock Exchange of Thailand (SET) is considering implementing both short- and long-term measures to stabilise the market after the sudden surge of Delta Electronics (DELTA) free-float shares disrupted the SET Index on Monday, says a market analyst who requested anonymity. The market must be adaptive to changes, including any unprecedented issues that rarely occurred in the past, the source said.
Delta s shares have soared by over 280% since November, up from about 180 to 838 baht, an all-time high, on Monday. This movement shocked analysts as the price was more than double all research houses fundamental projections.