PUBLISHED : 9 Jan 2024 at 05:50
Krungsri Capital Securities (KCS) is recommending investors opt for 11 high-dividend (HD) stocks which provide dividend yields of more than 2% per year in the first two months of each year to cash in on higher capital gains from their investment.
HD stocks tend to outperform the overall Stock Exchange of Thailand (SET) every January and February, as the market anticipates that these companies will continue to offer a high dividend payment for the annual operating results of the previous year.
Based on a KCS study, stocks in the SETHD group over the past decade have paid dividends either once or twice a year. Overall, SETHD stocks had an average return of 1.47% in the first quarter of eight of the past…
