The Thai stock exchange offers some of the highest so called "yield-gap" stocks -anywhere in the world! Thai listed companies will start declaring their dividends in February, to be paid in late April/early May. Quality ultra-high dividend Thai stocks are a very desirably global-portfolio enhancer and a risk reducer! As these have just zero correlation with the US bubbly-stock market which is trading at more then double the valuation....yielding just 1.2% in dividends, vs. 6-8% to be had here.
With some of the highest dividend yielding stocks anywhere, at 6-9%, vs. very low interest paid on Thai bank savings accounts (around 0.3%). This means ultra-high quality "yield cap." shares can be owned (including foreigners) to experienced stock pickers here. I believe this "yield-gap" is among the World's biggest anywhere!
Why is this: 1) retail investors have shunned local stocks for some years due to a bearish mkt., and not least because, 2) brokers indirectly nurture endless "trading galore", among the just very few -way overvalued- big cap stocks, like example DELTA (p/e 107, dividend yield 0.22%). Thereby all but ignoring the impressive/established high dividend "yield horses". A most upbeat investor case can be made around these...and I know how to pick them!
Further, and most interestingly: they have just about zero or even negative correlation, to the US bubbly stock mkt. In finance & investment we can show how offsetting-correlations are a very desirably portfolio enhancer(!) and risk reducers. Especially during times of US stock market excesses. All notably on top of 0% Thai inflation and along its strong currency!
Paul A. Renaud. ...
