Analysts at TISCO Securities expect Ichitan Group, or ICHI, to pay a dividend of 0.50 baht per share from its first-half 2026 operating results, representing a first-half dividend yield of about 3.5% and a full-year yield of about 7.9%. They maintain a buy recommendation and raise the target price to 17.80 baht from 14.60 baht, reflecting the expansion of alkaline water production capacity and the ability to maintain margins despite higher PET resin costs. Based on these projections, Tan Passakornnatee, director and largest shareholder holding 360,639,600 shares or a 27.74% stake as of March 16, 2026, would receive an interim dividend worth over 180 million baht before tax.
Ichitan Group Public Company LimitedAnalyst raises target price and maintains buy recommendation, citing expansion and margin resilience.
