SGX Market Updates

Highlights of Singapore’s Best-Yielding Billionaire Plays


PUBLISHED ON |

14 February 2018

  • SGX lists 36 stocks with market cap above S$1 billion and dividend yields above 4%. Of the 36 stocks, 29 are trusts (REITS, Stapled Trusts or Business Trusts), while seven are companies. This includes eight STI stocks.

  • The five highest-yielding companies stocks include Hi-P International, M1 and STI constituents StarHub, ST Engineering and ComfortDelgro.

  • The five highest-yielding REITs and business trusts include Lippo Malls Indonesia Retail Trust (8.8%), Hutchison Port Holdings Trust, Frasers Commercial Trust, Ascendas REIT, and OUE Commercial REIT/ Keppel Infrastructure Trust.

  • Over the last 12 months, the five best performers were Hi-P International (363.0%), CDL Hospitality Trusts (32.5%), Mapletree Greater China Commercial Trust (31.0%), OUE Hospitality Trust (30.1%) and Far East Hospitality Trust (28.7%).




SGX lists 91 primary-listed stocks with a market capitalisation above S$1.0 billion. Of these, 36 have dividend yields above 4.0%, which compares with the benchmark Straits Times Index’s (STI) current yield of 3.1%.

Of these 36 stocks, 29 are categorised as Real Estate Investment Trusts (REITs) as well as stapled and/or business trusts, while seven are companies. This includes eight STI stocks.

The five highest-yielding companies are Hi-P International (10.9%), M1 (6.3%), StarHub (6.2%), ST Engineering (5.3%) and ComfortDelgro (5.2%). The five highest-yielding REITs and business trusts are Lippo Malls Indonesia Retail Trust (8.8%), Hutchison Port Holdings Trust (7.6%), Frasers Commercial Trust (7.0%), Ascendas REIT (6.9%), and OUE Commercial REIT/ Keppel Infrastructure Trust (both 6.6%).

Over the last 12 months, the five best performers were Hi-P International (363.0%), CDL Hospitality Trusts (32.5%), Mapletree Greater China Commercial Trust (31.0%), OUE Hospitality Trust (30.1%) and Far East Hospitality Trust (28.7%).

IT and Real Estate were the strongest sectors on SGX as funds rotated into cyclical plays last year. With higher worldwide semiconductor sales and stronger demand for consumer electronics in 2017, both upstream and downstream tech companies benefitted from the global swing. One key beneficiary was electronics contract manufacturer and Apple supplier Hi-P International, which has surged 266.7% over the course of 2017. Click here to read the kopi-C profile of Hi-P Executive Chairman Yao Hsiao Tung.

As for the domestic real estate market, MAS Managing Director Ravi Menon pointed out last year that private home sales have shown signs of stabilising, and property prices should be aligned with broader income trends of the domestic economy. He also noted that the local property market had substantially stabilised over the last three years, with underlying demand for private homes remaining firm amidst a low interest-rate environment.

The table below details the six non-REIT stocks, sorted by yield. The yields were extracted from StockFacts, and in cases where they were manually calculated, the most recently announced dividend payout was annualised based on the dividend payment frequency of the stock, and divided by the current market price.

Name SGX
Code
* Last
Price
Market
Cap
S$m
Total
Return
YTD
%
Total
Return
1 Yr
%
Total
Return
3 Yr
%
Dividend
Yield
GICS Sub-Ind Name
Hi-P Intl H17 1.97 1,510 5.3 363.0 52.2 10.9 Electronic Components
M1 B2F 1.8 1,647 1.1 -7.5 -18.1 6.3 Wireless Telco
StarHub CC3 2.74 4,928 -3.9 4.5 -8.3 6.2 Wireless Telco
ST Engineering S63 3.25 10,157 -0.3 -1.1 2.3 5.3 Aerospace & Defense
ComfortDelGro C52 2.01 4,284 1.5 -16.2 -8.7 5.2 Trucking
Singtel Z74 3.33 58,295 -6.7 -11.3 -2.9 4.6 Integrated Telco
Frasers Property TQ5 1.96 6,059 -3.1 19.5 10.2 4.4 Real Estate Development
Average -0.9 50.1 3.8 6.1


The table below details the REITs, stapled trusts and business trusts, also sorted by yield.

Name SGX
Code
* Last
Price
Market
Cap
S$m
Total
Return
YTD
%
Total
Return
1 Yr
%
Total
Return
3 Yr
%
Dividend
Yield
%
GICS Sub-Ind Name
Lippo Malls Indonesia Retail Trust D5IU 0.4 1,130 0.0 11.5 13.6 8.8 Retail REITs
Hutchison Port Hldgs Trust** NS8U 0.35 4,832 -13.1 -4.8 -13.7 7.6 Marine Ports & Services
Frasers Commercial Trust ND8U 1.39 1,222 -4.7 15.1 5.2 7.0 Office REITs
Ascendas REIT A17U 2.59 7,479 -4.8 8.4 9.2 6.9 Industrial REITs
OUE Commercial REIT TS0U 0.71 1,096 1.8 8.3 6.5 6.6 Office REITs
Keppel Infrastructure Trust** A7RU 0.565 2,218 -0.1 23.3 11.0 6.6 Multi-Utilities
CapitaLand Retail China Trust AU8U 1.54 1,488 -4.4 13.4 4.0 6.6 Retail REITs
Frasers Hospitality Trust** ACV 0.78 1,452 -0.6 21.0 4.9 6.5 Hotel & Resort REITs
Frasers Logistics & Industrial Trust BUOU 1.08 1,642 -6.9 20.2 N/A 6.4 Industrial REITs
Starhill Global REIT P40U 0.74 1,614 -3.0 4.3 2.6 6.4 Retail REITs
First REIT AW9U 1.35 1,055 -1.4 12.2 6.6 6.4 Health Care REITs
Manulife US REIT* BTOU 0.915 1,251 2.9 27.7 N/A 6.3 Office REITs
Mapletree Greater China Commercial Trust RW0U 1.19 3,355 -3.3 31.0 13.0 6.3 Diversified REITs
OUE Hospitality Trust** SK7 0.835 1,517 -0.3 30.1 6.3 6.2 Hotel & Resort REITs
Mapletree Logistics Trust M44U 1.23 3,762 -5.4 24.0 7.7 6.1 Industrial REITs
Ascott Residence Trust A68U 1.17 2,524 -1.2 11.4 5.5 6.1 Residential REITs
Mapletree Industrial Trust ME8U 1.95 3,676 -3.1 24.5 15.6 6.0 Industrial REITs
Mapletree Commercial Trust N2IU 1.55 4,464 -3.0 7.2 7.4 5.8 Retail REITs
CapitaLand Mall Trust C38U 1.97 6,986 -6.2 5.1 3.2 5.7 Retail REITs
Far East Hospitality Trust** Q5T 0.725 1,346 0.7 28.7 2.2 5.6 Hotel & Resort REITs
Frasers Centrepoint Trust J69U 2.15 1,990 -2.8 11.4 8.4 5.6 Retail REITs
SPH REIT SK6U 0.99 2,542 -4.5 7.2 4.0 5.6 Retail REITs
CDL Hospitality Trusts** J85 1.66 1,991 1.1 32.5 6.4 5.6 Hotel & Resort REITs
Ascendas India Trust** CY6U 1.04 1,075 -7.4 4.1 12.9 5.6 Real Estate Operating
Keppel DC REIT AJBU 1.35 1,522 -3.3 20.5 15.6 5.3 Specialized REITs
Suntec REIT T82U 1.9 5,056 -10.5 14.7 5.5 5.3 Diversified REITs
CapitaLand Commercial Trust C61U 1.72 6,206 -8.9 18.0 5.8 5.0 Office REITs
Keppel REIT K71U 1.18 3,996 -5.3 20.8 4.9 4.8 Office REITs
Parkway Life REIT C2PU 2.8 1,694 -5.3 19.9 10.3 4.8 Health Care REITs
Average -3.6 16.3 6.8 6.1

Source: Bloomberg (Data as of 13 February 2018).
* SGD equivalents shown for Manulife US REIT and Hutchison Port Hldgs Trust traded in USD.
** CDL Hospitality Trust, OUE Hospitality Trust, Frasers Hospitality Trust and Far East Hospitality Trusts are Stapled Trusts. Hutchison Port Holdings Trust, Keppel Infrastructure Trust and Ascendas India Trust are Business Trusts.







This article is provided by SGX My Gateway.



SGX My Gateway

SGX's investor education portal with market, product and investment information and events. Sign up now at sgx.com/mygateway to receive our investment updates and economic calendar.

This document is not intended for distribution to, or for use by or to be acted on by any person or entity located in any jurisdiction where such distribution, use or action would be contrary to applicable laws or regulations or would subject Singapore Exchange Limited (“SGX”) to any registration or licensing requirement. This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document is for general circulation only. It does not address the specific investment objectives, financial situation or particular needs of any person. Advice should be sought from a financial adviser regarding the suitability of any investment product before investing or adopting any investment strategies. Use of and/or reliance on this document is entirely at the reader’s own risk. Further information on this investment product may be obtained from www.sgx.com. Investment products are subject to significant investment risks, including the possible loss of the principal amount invested. Past performance of investment products is not indicative of their future performance. Examples provided are for illustrative purposes only. While each of SGX and its affiliates (collectively, the SGX Group Companies) have taken reasonable care to ensure the accuracy and completeness of the information provided, each of the SGX Group Companies disclaims any and all guarantees, representations and warranties, expressed or implied, in relation to this document and shall not be responsible or liable (whether under contract, tort (including negligence) or otherwise) for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind, including without limitation loss of profit, loss of reputation and loss of opportunity) suffered or incurred by any person due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information, or arising from and/or in connection with this document. The information in this document may have been obtained via third party sources and which have not been independently verified by any SGX Group Company. No SGX Group Company endorses or shall be liable for the content of information provided by third parties. The SGX Group Companies may deal in investment products in the usual course of their business, and may be on the opposite side of any trades. SGX is an exempt financial adviser under the Financial Advisers Act (Cap. 110) of Singapore. The information in this document is subject to change without notice. This document shall not be reproduced, republished, uploaded, linked, posted, transmitted, adapted, copied, translated, modified, edited or otherwise displayed or distributed in any manner without SGX’s prior written consent.












Stock / REIT Search

Advertisement

Advertisement