Here’s a Thai blue-chip company that offers a 6% dividend yield
By Beansprout  •  March 30, 2024

What happened?

For investors looking at the Singapore stock market to discover dividend-paying stocks, there is a wealth of opportunities with many companies offering a decent dividend yield.  However, did you know that there is a Thai blue-chip company trading on the Singapore stock market which offers a dividend yield of above 6% too? PTT Exploration & Production (PTTEP) a leading producer of natural gas and crude oil in Southeast Asia. About 70% of its assets are in Thailand and other parts of Southeast Asia. In 2023, PTTEP raised its dividend per share to THB 9.50 from THB 9.25 in the previous year. Based on its share price at the market close on 22 March 2024, this would represent a dividend yield of 6.3%. Let us find out more about PTTEP and its prospects in the coming year. 

What you need to know about PTTEP

#1 – PTTEP reported strong

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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.

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