In 2025, many investors are turning to “high-dividend Thai stocks” as a source of income replacement amid market volatility. This article will present 8 Thai stocks with strong dividend potential along with in-depth analysis and practical investment tips.
How to correctly select “High-Dividend Thai Stocks”
Before delving into individual companies, it is crucial to understand that seeing a high dividend yield percentage is not everything. Smart investors should examine multiple aspects:
1. Dividend payment history: Good companies should have a consistent record over the past 3-5 years, even during market downturns.
2. Clear dividend policy: Does the company specify what percentage of net profit is paid out? If it exceeds 90-100%, there may be little left for growth.
3. Stable business fundamentals: Check if the company has competitive advantages, strong financial statements, and manageable debt levels.
4. Operating cash flow: Must be continuously positive, not just paper profits.
5. Dividend growth per share: Look for companies that not only pay high dividends but also increase them each year.
8 Thai stocks worth following in 2025
No. 1: DIF (Digital Infrastructure )
DIF is a telecommunications infrastructure fund with assets over 16,000 telecom towers. Its business is a “Cash Cow” that leases long-term to mobile operators.
Key Data:
Current price: 7.90 THB
Dividend yield: 11.25%
Latest dividend: 0.22 THB/share
P/BV ratio: 0.52 times
Analyst opinions: The buy group (target price 10.50-11.50 THB) believes profits will be supported by lower interest rates, while cautious investors are wary of refinancing large debts early in the year.
No. 2: TISCO (Financial Business )
TISCO is a “Dividend Stock for Lovers” with a long history, specializing in auto loans and vehicle registration loans.
Main Data:
Price: 97.50 THB
Dividend yield: 7.95%
Forecasted dividend for 2025: 7.75 THB/share
P/E: 11.46 times
Selling point: Pays twice a year regularly. The main challenge comes from the weak auto market, leading analysts to lean towards “hold,” focusing more on dividend yield than price appreciation.
No. 3: AP (Real Estate )
AP is a property developer with a strong brand covering everything from detached houses to luxury condos.
Important Stats:
Price: 5.80 THB
Dividend yield: 7.35%
Latest dividend: 0.60 THB/share
P/E and P/BV: very low (3.77 and 0.41 times)
Interesting point: 13 out of 16 analysts recommend “buy” with a target price of 9.54 THB, reflecting growth potential ahead along with a 7%+ dividend.
No. 4: SIRI (Real Estate )
SIRI is an established company (since 1984) producing various types of residential properties across segments.
Current figures:
Price: 1.17 THB
Dividend yield: 8.72%
Payout rate: 0.08 THB/share
P/E: 4.47 and P/BV: 0.43 (very low valuation)
What investors need to know: 8 out of 14 analysts recommend “buy” (target price 1.72 THB). Despite uncertain signals in the property market, low valuation attracts dividend investors.
No. 5: DMT (Don Muang Tollway )
DMT manages a 21 km elevated tollway. Its business is stable enough to generate continuous cash flow.
Data:
Price: 9.70 THB
Yield: 8.56%
Last dividend: 0.22 THB/share
P/E: 12.69 times
Strengths: Pays no less than 90% of profits, allowing investors to predict cash flow accurately. Risks include some contracts expiring in 2034.
No. 6: MC (Apparel and Lifestyle )
MC operates retail clothing and lifestyle brands, always maintaining a strong brand presence.
Main Data:
Price: 9.55 THB
Dividend yield: 8.26%
Last dividend: 0.55 THB/share
D/E Ratio: 0.51 times (very low debt)
Summary: Four analysts recommend “buy” with a target of 12.55 THB. Growth in online channels and solid financial position support this.
( No. 7: TCAP )Holding Company ###
TCAP invests in financial services, leasing-purchasing, insurance, asset management, and is a major shareholder in TTB.
Statistics:
Price: 46.00 THB
Yield: 6.98%
Last dividend: 2.05 THB/share
P/E: 7.51 and P/BV: 0.65 (undervalued)
Diversification across financial sectors helps reduce overall volatility. Analysts set a target of 53.86 THB with an expected dividend yield of 7%.
( No. 8: PTT )Energy ###
PTT is Thailand’s energy leader, operating across exploration, refining, natural gas, and service stations.
Data:
Price: 30.00 THB
Dividend yield: 7.05%
Last dividend: 1.30 THB/share
P/E: 10.08 times
Despite the broad energy transition challenges toward clean energy, PTT remains capable of generating good cash flow and investing in future projects.
Practical steps to buy Thai stocks
1. Open a securities account: If you don’t have one, contact a licensed securities company approved by the SEC. You can open online or at branches.
2. Deposit funds: Transfer Thai Baht into your Cash Balance account for stock purchases.
3. Analyze and decide: Study information from SET (set.or.th), Settrade, and reports from brokers.
4. Place an order: Use the streaming app, specify stock code, quantity, and desired price.
5. Receive dividends: When the company declares dividends (after 10% tax), the money will be credited to your linked bank account.
Summary: High-dividend Thai stocks for 2025
These 8 Thai stocks reflect the current status of investors amid uncertain market signals. They have clear business fundamentals, consistent dividend payment history, and positive outlooks.
Remember, high dividend ≠ good stock. Always consider each company’s stability, growth potential, and payment consistency. This is the key to smart long-term investing.
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Thai stocks dividend yield 2025: 8 companies for those seeking additional income
In 2025, many investors are turning to “high-dividend Thai stocks” as a source of income replacement amid market volatility. This article will present 8 Thai stocks with strong dividend potential along with in-depth analysis and practical investment tips.
How to correctly select “High-Dividend Thai Stocks”
Before delving into individual companies, it is crucial to understand that seeing a high dividend yield percentage is not everything. Smart investors should examine multiple aspects:
1. Dividend payment history: Good companies should have a consistent record over the past 3-5 years, even during market downturns.
2. Clear dividend policy: Does the company specify what percentage of net profit is paid out? If it exceeds 90-100%, there may be little left for growth.
3. Stable business fundamentals: Check if the company has competitive advantages, strong financial statements, and manageable debt levels.
4. Operating cash flow: Must be continuously positive, not just paper profits.
5. Dividend growth per share: Look for companies that not only pay high dividends but also increase them each year.
8 Thai stocks worth following in 2025
No. 1: DIF (Digital Infrastructure )
DIF is a telecommunications infrastructure fund with assets over 16,000 telecom towers. Its business is a “Cash Cow” that leases long-term to mobile operators.
Key Data:
Analyst opinions: The buy group (target price 10.50-11.50 THB) believes profits will be supported by lower interest rates, while cautious investors are wary of refinancing large debts early in the year.
No. 2: TISCO (Financial Business )
TISCO is a “Dividend Stock for Lovers” with a long history, specializing in auto loans and vehicle registration loans.
Main Data:
Selling point: Pays twice a year regularly. The main challenge comes from the weak auto market, leading analysts to lean towards “hold,” focusing more on dividend yield than price appreciation.
No. 3: AP (Real Estate )
AP is a property developer with a strong brand covering everything from detached houses to luxury condos.
Important Stats:
Interesting point: 13 out of 16 analysts recommend “buy” with a target price of 9.54 THB, reflecting growth potential ahead along with a 7%+ dividend.
No. 4: SIRI (Real Estate )
SIRI is an established company (since 1984) producing various types of residential properties across segments.
Current figures:
What investors need to know: 8 out of 14 analysts recommend “buy” (target price 1.72 THB). Despite uncertain signals in the property market, low valuation attracts dividend investors.
No. 5: DMT (Don Muang Tollway )
DMT manages a 21 km elevated tollway. Its business is stable enough to generate continuous cash flow.
Data:
Strengths: Pays no less than 90% of profits, allowing investors to predict cash flow accurately. Risks include some contracts expiring in 2034.
No. 6: MC (Apparel and Lifestyle )
MC operates retail clothing and lifestyle brands, always maintaining a strong brand presence.
Main Data:
Summary: Four analysts recommend “buy” with a target of 12.55 THB. Growth in online channels and solid financial position support this.
( No. 7: TCAP )Holding Company ###
TCAP invests in financial services, leasing-purchasing, insurance, asset management, and is a major shareholder in TTB.
Statistics:
Diversification across financial sectors helps reduce overall volatility. Analysts set a target of 53.86 THB with an expected dividend yield of 7%.
( No. 8: PTT )Energy ###
PTT is Thailand’s energy leader, operating across exploration, refining, natural gas, and service stations.
Data:
Despite the broad energy transition challenges toward clean energy, PTT remains capable of generating good cash flow and investing in future projects.
Practical steps to buy Thai stocks
1. Open a securities account: If you don’t have one, contact a licensed securities company approved by the SEC. You can open online or at branches.
2. Deposit funds: Transfer Thai Baht into your Cash Balance account for stock purchases.
3. Analyze and decide: Study information from SET (set.or.th), Settrade, and reports from brokers.
4. Place an order: Use the streaming app, specify stock code, quantity, and desired price.
5. Receive dividends: When the company declares dividends (after 10% tax), the money will be credited to your linked bank account.
Summary: High-dividend Thai stocks for 2025
These 8 Thai stocks reflect the current status of investors amid uncertain market signals. They have clear business fundamentals, consistent dividend payment history, and positive outlooks.
Remember, high dividend ≠ good stock. Always consider each company’s stability, growth potential, and payment consistency. This is the key to smart long-term investing.