Listed companies pay higher interim dividends
A total of 125 companies listed on the Stock Exchange of Thailand and Market for Alternative Investment have announced combined interim divฌidend payments of Bt95.74 billion for the first half of 2016, representing a dividend-payout ratio of 68 per cent,
This indicated stronger financial health and improved liquidity, the bourse said.
SET senior executive vice president Santi Kiranand said that as of August 31, 125 companies (excluding property funds) had announced dividends for the first six months of 2016, consisting of 105 SET-listed firms with dividends worth of Bt95 billion and 20 MAIlisted firms with dividends worth Bt739 million. Of that, Bt74.1 billion or 77 per cent of total dividends was from companies on SET50 (top 50 largecap companies).
The five SET-listed firms that paid the highest dividends were Advanced Info Service (AIS), PTT, Siam Cement (SCC), Land and Houses (LH) and Charoen Pokphand Foods (CPF). Their aggregate interim dividends were Bt52.55 billion, or 70 per cent of the SET’s total interim dividends by value.
