UPDATED Jun 28, 2022
What are the best Thai (SET) Dividend Stocks?
According to our Simply Wall St analysis these are the best Thai dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.
3 companies meet this criteria in the Thai market
Vanachai Group Public Company Limited, together with its subsidiaries, produces and distributes wood plates, MDF boards, particle boards, and doorskin and melamine on wood plates in Thailand and internationally.
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: VNG's dividend (5.06%) is low compared to the top 25% of dividend payers in the TH market (5.38%).
Stable Dividend
Trading at 74.3% below our estimate of its fair value
Earnings are forecast to grow 9.55% per year
Became profitable this year
Has a high level of debt
Advanced Information Technology Public Company Limited, together with its subsidiaries, designs, sells, installs, services, repairs, maintains, and trains information and communication technology network systems in Thailand.
Earnings Coverage
High Dividend: AIT's dividend (7.27%) is in the top 25% of dividend payers in the TH market (5.38%)
Notable Dividend
Future Dividend Coverage
Growing Dividend
Stable Dividend
Trading at 0.2% below our estimate of its fair value
Earnings are forecast to grow 15.26% per year
Earnings have grown 6.4% per year over the past 5 years
No risks detected for AIT from our risks checks.
Major Cineplex Group Public Company Limited, together with its subsidiaries, operates as a lifestyle entertainment company primarily in Thailand.
Earnings Coverage
Growing Dividend
High Dividend: MAJOR's dividend (5.53%) is in the top 25% of dividend payers in the TH market (5.38%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Trading at 45.1% below our estimate of its fair value
Earnings are forecast to grow 13.56% per year
Became profitable this year
High level of non-cash earnings