High dividend paying Thai stocks/ My silver pick for the longer run.

We are entering the high dividend paying period -for select Thai stocks.  Silver pick for the long run.

With interest rates still very low (6 month term deposits at Thai banks paying at most 1.25%, per year) one can easily generate 5 times more by owning solid high dividend Thai stocks.  Dividends here are taxed 10% at the source (no filing required), vs. 15% tax on bank/bond interest earned. Thai quality corporate bonds yield between 3-4% depending on maturity.  Recently MINT (MINOR Group) announced a huge 9 bill. Baht "perpetual-term" bond offering yielding some 6% -but my view is to stay away from that. Perpetual is too uncertain/long.   

Most dividends will be declared in March by their respective company board of directors.  Some companies pay dividends twice per year. A final one and an interim one in August/September.  Payment dates vary between very late April and May.  X-Date is the date announced where you must own the stock the day before to be entidelt to the dividends.  On the X-Date the stock price is reduced by the dividend per share amount.  Some broker research show tables with the highest dividends paying stocks, but beware as past dividends paid are never a guarantee of future same high amount!  Dividends are never a guarantee and always declared by the company's board of directors discretion...and depend on earnings.  If you have 10 mill Baht savings earning 6-7% yearly dividends make a huge difference vs. just barely 1.25% in the bank.  Many astute long term investors are not worried too much about share price fluctuations, only about regular high dividends by reputable companies.  In fact, Thailand is a good place to be for that.

Here are my select high dividend choices with what I think are quality growing companie's whose dividend may well increase from these high levesl in years to come, (I estimate their 2023 yields on current mkt prices) in no order of preference:   AIT (5.2%) SAT (6.8%) TOG (6.8%) AUCT (5%)  DRT (5.6%)  SNC (6.1%) and  DCC (6.4%) ORI (5%) DIF (7.8%)  the last one being a digital infrastructure fund, not a stock.  This list is far from complete and surely there are other noteworthy ones but its a good start of companies I know/like and a good way to own a diversified group of companies which very likely will pay far, far higher present income yields

than any bank account!   You have to take a market risk that their stock prices will fluctuate, but then again I think they will combined be higher valued in time -and so as well be an inflation hedge, beyond their high current incomes.  I hesitantly left out STA as its dividend yield is less certain this year, as I describe in my just previous article.  Similar thinking is with PTTGC, a very large cap.  BRR (price 8.20) is another likely high dividend stock-choice, which I just started to follow. 

Speaking of inflation hedge, here is my follow up to you on my Silver pick ETF, which I recently mentioned I favor to accumulate.  I do think in time silver prices will be higher, not least because it has real industrial use... I read that some 10% of all silver is used in Solar panels, a booming sector.   Of course silver does not pay any dividend.  PSLV is the symbol and its trading on the NYSE, presently at $8.05 . (See picture).   BTW, Bualuang Securities has the best platform for Thai investors right here to convert Baht to US$ -and buy select US/Vietnam and Hong Kong stocks.  Its called "Global Trade Master" and easy to use. With the Thai Baht vs $ so strong, I view buying some silver in US$, as here explained.

PSLV expense ratio is low at 0.60% -and this fund clearly states it does no speculate on silver prices, so its a pure play. *  I don't like silver coins.  For example, 1-ounce silver coins have been recently priced (early year 2023) at $40.69, when spot silver is only $24.45 an ounce– that’s a 66.42% markup. 

As always here, all comments welcome.  

Best Regards,

* "The Sprott Physical Silver Trust (PSLV)
is a closed-end trust that invests in
unencumbered and fully-allocated London
Good Delivery (“LGD”) silver bars."