There are 37 primary-listed stocks on SGX with a market capitalisation of above S$1 billion and dividend yields above 4%. These stocks averaged a total YTD return of 19.1% and a yield of 6.1%.
Of the 37 stocks, the five best performers in the YTD were Hi-P International (+183.8%), CDL Hospitality Trusts (+31.6%), Frasers Centrepoint (+29.7%), Lippo Malls Indonesia Retail Trust (+25.3%) and Mapletree Logistics Trust (+25.3%).
The four highest yielding stocks are Hi-P International (13.8%), Lippo Malls Indonesia Retail Trust (8.1%), Hutchison Port Holdings Trust (7.7%), and Frasers Commercial Trust (7.1%), with an average yield of 9.1%. The fifth-highest yielding stocks – OUE Commercial REIT, Keppel Infrastructure Trust and OUE Hospitality Trust – all offer a 6.8% yield.
Singapore Exchange (SGX) currently lists 98 primary-listed stocks with a market capitalisation above S$1.0 billion. Of these, 37 have a dividend yield above 4.0%, compared with the benchmark Straits Times Index’s (STI) yield of 3.2%.
Of the 37 stocks, more than 70% are either in the Real Estate industry or Real Estate Investment Trusts (REITs), while nine of the 37 are constituents of the STI.
In the year-to-date, the five best performing stocks were Hi-P International (+183.8%), CDL Hospitality Trusts (+31.6%), Frasers Centrepoint (+29.7%), Lippo Malls Indonesia Retail Trust (+25.3%) and Mapletree Logistics Trust (+25.3%). These five stocks averaged a total return of 58.8%.
The four highest yielding stocks are are Hi-P International (13.8%), Lippo Malls Indonesia Retail Trust (8.1%), Hutchison Port Holdings Trust (7.7%), and Frasers Commercial Trust (7.1%), with an average yield of 9.1%. The fifth highest yielding stocks – OUE Commercial REIT, Keppel Infrastructure Trust and OUE Hospitality Trust – all offer a yield of 6.8%.
The table below details the 37 stocks, sorted by yield. The yields were extracted from StockFacts, and generally annualise the most recently announced dividend amount based on the dividend payment frequency of the stock, and divided by the current market price. In other cases where the company pays an interim and final dividend, the indicative dividend yield will comprise the final and interim distributions made over the past 12 month, divided by the current market price.
Investors may use the screener available on StockFacts to screen for companies with customised search criteria such as market capitalisation and dividend yield.
|GICS Sub-Ind Name|
|Hi-P International||H17||1,136||183.8||243.4||94.2||13.8||Electronic Components|
|Lippo Malls Indonesia Retail Trust||D5IU||1,228||25.3||28.2||36.7||8.1||Retail REITs|
|Hutchison Port Holdings Trust||NS8U||5,299||3.6||11.9||-11.9||7.7||Marine Ports & Services|
|Frasers Commercial Trust||ND8U||1,119||17.0||12.4||25.0||7.1||Office REITs|
|OUE Commercial REIT||TS0U||1,102||10.2||14.4||21.4||6.8||Office REITs|
|Keppel Infrastructure Trust||A7RU||2,122||22.1||17.0||43.0||6.8||Multi-Utilities|
|OUE Hospitality Trust||SK7||1,362||20.7||18.4||12.2||6.8||Hotel & Resort REITs|
|Mapletree GCCT||RW0U||3,127||19.9||8.2||48.3||6.7||Diversified REITs|
|Frasers Logistics & Industrial Trust||BUOU||1,609||21.8||14.8||N/A||6.6||Industrial REITs|
|Frasers Hospitality Trust||ACV||1,366||17.2||5.8||5.9||6.6||Hotel & Resort REITs|
|Ascott Residence Trust||A68U||2,523||16.3||15.3||22.2||6.6||Residential REITs|
|Starhill Global REIT||P40U||1,658||7.0||0.0||10.8||6.5||Retail REITs|
|First REIT||AW9U||1,031||10.3||8.2||30.8||6.4||Health Care REITs|
|M1||B2F||1,609||-6.0||-33.8||-44.9||6.4||Wireless Telecommunication Services|
|CapitaLand Retail China Trust||AU8U||1,426||23.6||7.5||20.5||6.4||Retail REITs|
|Far East Hospitality Trust||Q5T||1,202||14.6||15.9||-4.1||6.3||Hotel & Resort REITs|
|Mapletree Industrial Trust||ME8U||3,326||17.1||11.9||61.9||6.3||Industrial REITs|
|Mapletree Logistics Trust||M44U||3,002||23.7||20.0||24.1||6.2||Industrial REITs|
|StarHub||CC3||4,496||-3.4||-28.4||-24.7||6.2*||Wireless Telecommunication Services|
|CDL Hospitality Trusts||J85||1,905||31.6||23.8||22.1||6.1||Hotel & Resort REITs|
|Ascendas REIT||A17U||7,705||21.4||13.5||37.9||5.9**||Industrial REITs|
|Mapletree Commercial Trust||N2IU||4,489||16.0||7.1||32.1||5.7***||Retail REITs|
|SPH REIT||SK6U||2,531||8.6||9.0||8.1||5.6||Retail REITs|
|Frasers Centrepoint Trust||J69U||1,965||17.0||4.8||29.7||5.5||Retail REITs|
|Capitaland Commercial Trust||C61U||5,322||22.6||16.7||24.8||5.4||OfficeREITs|
|Suntec REIT||T82U||5,034||19.8||16.9||27.5||5.3||Diversified REITs|
|CapitaLand Mall Trust||C38U||7,481||16.7||2.3||25.9||5.3||Retail REITs|
|Ascendas India Trust||CY6U||1,032||12.7||10.8||64.9||5.1||Real Estate Operating Companies|
|Keppel DC REIT||AJBU||1,437||12.3||13.2||N/A||5.1||Specialized REITs|
|Singapore Press Holdings||T39||4,524||-17.8||-21.6||-20.4||4.9||Publishing|
|Silverlake Axis||5CP||1,588||18.7||4.8||-25.0||4.9||Application Software|
|Parkway Life REIT||C2PU||1,652||18.4||15.0||33.7||4.7||Health Care REITs|
|Singtel||Z74||61,888||6.7||-7.1||10.8||4.6||Integrated Telecommunication Services|
|Frasers Centrepoint||TQ5||5,623||29.7||30.5||33.0||4.4||Real Estate Development|
|ST Engineering||S63||11,479||16.3||14.9||10.8||4.1||Aerospace & Defense|
Source: SGX, Bloomberg & SGX StockFacts (data as of 16 August 2017)
*Based on SGD 0.04 per share distribution.
**Based on FY16/17 distribution.
***Includes Advanced Distribution of 0.74 Singapore cents for the period from 1 July 2016 to 3 August 2016 that has been paid out on 29 August 2016 as part of the Cumulative Distribution in connection with the Equity Fund Raising for the acquisition of Mapletree Business City I that was completed on 25 August 2016.
Hi-P International is an integrated contract manufacturer serving the telecommunications, consumer electronics, medical devices and industrial devices sectors. According to its most recent financial statement (click here), Hi-P generated a profit of S$23.5 million in 1H17, a significant turnaround compared to a loss of S$4.7 million in 1H16. On 8 August, the company announced an interim dividend of S$0.19 per ordinary share. The ex-dividend date is 28 August 2017, and the interim dividend will be paid on 11 September 2017.
Lippo Malls Indonesia Retail Trust
Lippo Malls Indonesia Retail Trust, the only Indonesian REIT on SGX, was listed in 2007. In the company’s 2Q17 financial statement (click here), Lippo said it may be affected by economic trends including GDP, inflation and consumer demand. The report highlighted Indonesia’s economic growth, with GDP growing 5.01% in 1Q17, up 4.94% from 4Q16. Indonesia’s annual inflation rate accelerated slightly in June 2017 to 4.37% from 4.17% in April 2017, in line with market forecasts. Based on preliminary figures from Bank Indonesia, retail sales in Indonesia rose 6.7% in June 2017.
Hutchison Port Holdings Trust
Hutchison Port Holdings Trust invests in, develops, operates, and manages deep-water container ports in Guangdong Province of the People’s Republic of China, Hong Kong, and Macau. According to the company’s 2Q17 financial statement (click here), the improving economies of Europe and the United States supported outbound cargoes to these destinations. However, some uncertainty remains as to whether this positive trend is sustainable. While freight rates remain weak, HPH Trust believes it is well-positioned to be the preferred port of call, given its natural deep-water channels and unparalleled mega-vessel handling capabilities.