Kasikorn bank (Kbank) raised its dividends in 2023 with higher profits. We find out more about the prospects of Thailand's second largest bank. What happened? Many investors have been actively looking for dividend stocks. After our recent write-ups on PTTEP and AIS, some investors asked if there are other Thai blue chip companies trading on the Singapore stock market which offer a decent dividend yield. Since the listing of five more Singapore Depository Receipts (SDRs) on the SGX in April, we have seen active trading in Kasikorn Bank (Kbank), the second largest bank in Thailand based on its total loans as of December 2023. The Kbank SDR also booked the highest net buying by retail investors amongst the SDRs in the second quarter of 2024. We were pleasantly surprised to see that KBank raised its dividend per share to 2023 to Bt 6.5 in 2023 from Bt 4.0 in 2022, as its profit grew and it raised its dividend payout ratio....