SGX Market Updates

Highlights of High-Yielding Billionaire Stocks


17 August 2017

  • 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.

Name SGX
1 Yr
3 Yr
Ind Yld
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
Keppel REIT K71U 3,833 16.9 13.5 9.6 5.2 OfficeREITs
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
ComfortDelGro C52 4,910 -7.3 -20.1 -2.0 4.6 Trucking
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
Average 19.1 14.6 19.8 6.1

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

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.

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