Hi Folks, welcome back to Investment Income for Life. Today we're putting Thai Beverage ("ThaiBev") on SGX under the microscope. It is one of the region's largest beer-and-spirits conglomerates (Chang Beer, SangSom, and now F&N), and a name that keeps showing up in income portfolios. 2 years back, I was vested in ThaiBev. In a way I was lucky to have sold off all my shares when its market price was between S$0.55 per share to S$0.61 per share- I would have suffered a huge loss if I had held it longer. At that time, I recalled the dividend yield were just 3.7% to 4.8%. Recently, I have begun to build back stakes into ThaiBev in view of the healthier balance sheet with debts pared down and the higher dividend yield of 5.2%-5.3% dividend yield at only a mere 60% payout ratio.
1. Dividend Per Share — Steady and Rising
