On Monday at 11:08 AM (Bangkok time), the share price of Krungthai Card Public Company Limited (SET: KTC) surged by 8.20% or THB 2.50 to THB 33.00, with a trading value of THB 902.32 million.
Krungsri Securities (KSS) holds a positive outlook on KTC following the 2025 dividend payment announcement of THB 1.77 per share (higher than the previous estimate of THB 1.38), representing a dividend yield of 6% and a dividend payout ratio of 59%, up from 46% in 2024.
A ‘Buy’ recommendation is maintained with a target price of THB 42, and the analyst continues to select KTC as a top pick in the sector, alongside MTC (Buy, TP26 at THB 58), given its strong balance sheet and attractive dividends.
The company also benefits from a declining interest rate trend and is expected to achieve a new record high net profit in 2026, continuing the upward trend from 2025. Furthermore, the ongoing expansion into insurance sales is expected to further enhance future revenue.
