Top 10 SET100 Dividend Stocks of 2024 in Thailand
2025 is shaping up to be an interesting year for the Thai stock market, with a lot of ups and downs expected. From inflation worries to global conflicts, many factors are contributing to the market’s volatility. Not to mention, Thailand’s political landscape is also playing a crucial role in shaping the financial markets.
One area that investors are keeping a close eye on is the SET100 Index, which tracks the price movements of the top 100 companies in terms of market capitalization and liquidity. These companies are usually medium to large-sized with strong growth potential and high dividend yields.
In the past year, 10 stocks really stood out for their remarkable performance, offering dividend yields as high as 29% along with positive price growth. Some of these star performers include Jasmine International Pcl (JAS), SCB X Pcl (SCB), and Tipco Asphalt Pcl (TASCO), to name a few.
Looking ahead to 2025, it’ll be crucial to watch the government’s economic stimulus plans, according to Tanawat Ruenbanterng, chief analyst at TISCO securities. These plans will be vital in boosting the economy and supporting growth in various sectors. Short-term stimulus measures are expected to drive retail sector sales in the first half of the year, followed by potential investments in infrastructure projects and large ventures like entertainment complexes.
While the overall outlook for the stock market might seem a bit lackluster for the coming year, there are still opportunities to be found in individual stocks with strong potential for returns. Dividend-paying stocks in the banking sector continue to offer attractive yields, while certain real estate projects, like Sansiri Pcl (SIRI) and Land and Houses Pcl (LH), are also showing promising results.
So, as we head into 2025, keep an eye on these developments and stay informed about the latest economic trends to make the most of your investments in the ever-changing world of finance.
