Dividends yields divergence.

Dividends matter!

As more and more smaller and mid caps got ignored globally for long -in good part due to ETF investors' obsession, normally the higher the dividend yield on those (smaller companies)... compared to the rest, balances things out.  But alas, in US/EU smaller & mid cap dividend yields are rather negligible, Hence these mega distortions continue for years already. Compare this to the Thai stock market where its just the opposite!  Smaller cap stocks here often pay 3-4 times more in cash dividend yield, as compared to big caps, and 10 to 15 times more vs. Thai bank deposit interest rates paid, 0,5%!  That is a/the big difference!