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Thai Firms Beat Bank Deposits on Dividend Yields.

Bangkok Post (Bangkok, Thailand)

| February 12, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Feb. 12--Some 165 listed companies had dividend yields of more than 3 percent last year, outstripping fixed bank deposits, according to the Stock Exchange of Thailand (SET).

Of the 400 firms listed on SET and the Market for Alternative Investment (MAI), 184 firms, or 46 percent, paid dividends for their 2002 performance.

Of these, 163 SET-listed firms and two MAI-listed firms had dividend yields exceeding 3 percent, of which 27 posted yields of more than 12 percent.

Topping the list was Thai Wah Food with a dividend yield of 44.8 percent, followed by property firm Amata Corp at 41.5 percent and Fancy Wood at 34.8 percent.

Sopawadee ...

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Source: HighBeam Research, Thai Firms Beat Bank Deposits on Dividend Yields.

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