Top 10 Grade A stocks (SET50) with the highest dividend rate of more than 5%

2024-02-11 17:01:00

Stocks in the SET50 index are classified as stocks with strong fundamentals that have been screened by the Stock Exchange. It has come very well. And if there is a Dividend Yield or a high dividend yield as well. It will get more attention. However, investors will receive dividends only if they purchase shares before the day the XD sign is posted on the stock board and hold those shares until the day the sign is posted. To receive the right to receive dividends in that round, we will look at the 10 SET50 stocks with the highest dividend rate of more than 5% or more.
1.BANPU Banpu Public Company Limited dividend yield YTD year 67 is 15.36%, year 66 is 13.78%, year 65 is 2.34%, YTD price return year 67 is -10.29%, past 5 days is -3.94. %, price 10 Feb. 2024 closed at 6.10 baht, highest/lowest price in 52 weeks is 11.50 / 6.00 baht, P/E value 9.63 times, market cap 61,115.31 million baht, dividend policy 50 percent of net profit of Consolidated financial statements following deducting all types of reserves required by law and the company.

Broker expects net profit for 4Q23 to be 485 million baht, decreased from the previous quarter. This was a result of lower profits from the coal and power generation businesses. However, the launch of the trapping project and the first carbon dioxide storage (CCS) facility, and the subsidiary’s investment in smart energy technology will support long-term growth.
2.LH Land and Houses Public Company Limited dividend yield YTD year 67 is 7.89%, year 66 is 7.36%, year 65 is 5.05%, YTD price return year 67 is -6.75%, the past 5 days is -0.65%, price 10 Feb. 2024 closed at 7.60 baht, highest/lowest price in 52 weeks is 10.00 / 7.20 baht, P/E value 15.18 times, market cap 90,817.82 million baht, dividend policy pays dividends to shareholders. Hold shares from net profits each year In paying dividends, various factors must be taken into account. Let’s consider the composition.

Trinity Securities expects 4Q23 profit of 3.13 billion baht from higher transfer amounts. And there is profit from the sale of 2 hotels into the LHHOTEL group. Presales are set for 2024 at 31 billion baht, growing 4.7% YOY from the launch of 11 new projects. Profit in 2024 is expected at 3.5 billion baht, an increase of 19.2%. YOY expects Dividend Yield in 2023 to be 6.3%.
3.TISCO, TISCO Financial Group Public Company Limited, dividend yield YTD year 67 is 7.85%, year 66 is 7.77%, year 65 is 7.20%, YTD price return year 67 is -1.00%, The past 5 days is -1.00%, price 10 Feb. 2024 closed at 98.75 baht, highest/lowest price in 52 weeks is 103.50 / 89.50 baht, P/E value 10.79 times, market cap 79,063.76 million baht, dividend policy Approximately 50% or higher of net profit each year After deducting legal reserve

The brokerage expects the highest dividend yield in the group, around 7-8%, and the highest rate of return on equity (ROE) in the group, around 15-17%. Commercial banking stocks are worth keeping an eye on following The 1st meeting voted 5 to 2 to maintain the policy interest rate at 2.50% per year, which may lead to an opportunity to reduce the policy interest rate next time or not.
4.IVL Indorama Ventures Public Company Limited dividend yield YTD year 67 is 6.58%, year 66 is 5.87%, year 65 is 2.45%, YTD price return year 67 is -10.83%, historical 5 days is -1.62%, price 10 Feb. 2024 closed at 24.30 baht, highest/lowest price in 52 weeks is 40.75 / 23.00 baht, P/E value – times, market cap 136,433.61 million baht, dividend policy is not less. More than 30 percent of net profit following income tax according to the separate financial statements.

IVL is another stock that has benefited from stronger economic stimulus and has begun to see internal recovery. In addition, IVL is regarding to issue a new batch of bonds with maturities of 3-12 years, expected to open for sale to institutional and large companies 11-13 March.
5.TOP Thai Oil Public Company Limited dividend yield YTD year 67 is 6.55%, year 66 is 6.88%, year 65 is 4.22%, YTD price return year 67 is +5.12%, the past 5 days is +3.67%, price 10 Feb. 2024 closed 56.50 baht, highest/lowest price in 52 weeks is 58.50 / 42.25 baht, P/E value 7.58 times, market cap 126,211.71 million baht, dividend policy Not less than 25 percent of the net profit of the consolidated financial statements After deducting various reserves All types as specified in the company’s regulations.

Management expects that there are still supporting factors from the GRM refining margin that should remain high and the Utilization rate at 100%, as well as the increased demand for oil. Especially jet fuel is expected to grow by approximately 500,000 barrels/day, and the gasoline and diesel groups are also growing well.
6.SCB SCB Day is -1.90%, price 10 Feb. 2024 closed 103.00 baht, highest/lowest price in 52 weeks is 118.50 / 95.50 baht, P/E value 8.74 times, market cap 346,812.05 million baht, dividend policy Not less than 30 percent of net profit according to the consolidated financial statements The company will consider returns to shareholders in the long term.

The broker classifies SCB as 1 of 3 stocks in the bank group. to be able to pay dividends like this Overview of bank stocks this year We are neutral in investing. Because the growth is likely to be at a similar level to SET from last year, making profits better than SET.
7.PTTEP PTT Exploration and Production Public Company Limited dividend yield YTD year 67 is 6.17%, year 66 is 6.19%, year 65 is 2.83%, YTD price return year 67 is +3.01%, retrospective After 5 days it is +1.65%, price 10 Feb. 2024 closed 154.00 baht, highest/lowest price in 52 weeks is 175.00 / 134.50 baht, P/E value 8.26 times, market cap 611,377.75 million baht, dividend policy is not Less than 30 percent of net profit following income tax each year

Land and Houses Securities listed PTTEP as one of the stocks, receiving positive sentiment from rising crude oil prices. Normal Q4/2023 profits are better than analysts expected. As a result, profits for the whole year 2023 were at 76.7 billion baht, making another record high once more. As well as announcing a dividend payment for 2H23 at 5.25 baht/share, which will go up XD on 19 Feb. 2024.
8.PTT PTT Public Company Limited dividend yield YTD year 67 is 5.71%, year 66 is 5.59%, year 65 is 6.02%, YTD price return year 67 is -2.10%, the past 5 days is +2.94%, price 10 Feb. 2024 closed at 35.00 baht, highest/lowest price in 52 weeks is 36.50 / 29.50 baht, P/E value 10.29 times, market cap 999,704.87 million baht, dividend policy not less than 100%. 25 each of the remaining net profit following deducting various reserves. All types that the law and the company have specified.

Kasikorn Securities has a positive view on PTT shares, expecting its operating results to have the highest profit in history. Upgrade recommendation to “Buy” and increase TP at the end of 2024 to 37.50 baht from a strong 4Q23 profit trend and a significantly reduced impact from changes in energy price policy.
9.TU Thai Union Group Public Company Limited, dividend yield YTD 2024 is 5.66%, 2023 is 5.85%, 2022 is 5.62%, YTD price return 2024 is +3.33%, past 5 years. Day is +0.65%, price 10 Feb. 2024 closed 15.50 baht, highest/lowest price in 52 weeks is 16.30 / 12.40 baht, P/E value 15.36 times, market cap 72,154.56 million baht, dividend policy At least 50 percent of the company’s net profits twice a year.

Pie Securities expects TU’s 4Q23 operating results to have a net profit of 1,481 million baht (+20% YoY, +23% Q0Q), benefiting from the recovery of the pet food business. Including the frozen food business that benefits from lower costs. This results in a better gross profit margin.
10.RATCH RATCH Group Public Company Limited, dividend yield YTD year 67 is 5.29%, year 66 is 5.08%, year 65 is 3.90%, YTD price return year 67 is -3.97%, past 5 days is -0.82. %, price 10 Feb. 2024 closed 30.25 baht, highest/lowest price in 52 weeks is 43.25 / 29.50 baht, P/E value 14.58 times, market cap 65,793.75 million baht, dividend policy not less than 40 percent of Net profit according to the consolidated financial statements following deducting legal reserves and other reserves.

RATCH acquires 100% of shares to invest in Minh Luong Hydroelectric Power Plant, with a production capacity of 14.7 megawatts in Vietnam, valued at 860 million baht.

However, dividend stocks are suitable for those who want to create cash flow or create passive income while holding shares. It is also suitable for investors who are ready to invest long-term in stocks with good fundamentals.

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