Singapore lists over 100 stocks and trusts with market cap above S$1 billion, of which 32 have 12M dividend indicated yields of 4.5% and above, vs the STI’s yield of about 4.2%. Among these, 22 are REITs, stapled and/or business trusts, while 10 are companies.
Among the 32, the five highest-yielding REITs and business trusts are: Hutchison Port Holdings Trust (9.6%), CapitaLand Retail China Trust (6.7%), Frasers Logistics Trust (6.5%), OUE Commercial REIT (6.4%) and Frasers Hospitality Trust (6.4%). They average a 12M dividend indicated yield of 7.1%.
Among the 32, the five highest-yielding companies are: StarHub (9.5%), Yanlord Land (6.3%), Hong Leong Finance (5.8%), Yangzijiang Shipbuilding (5.7%) and Singtel (5.6%). They average a 12M indicated yield of 6.6%.
Of the more than 100 stocks and trusts on SGX with market cap above S$1 billion, the five best performers in the YTD were: TPV Tech (+237.6%), SBS Transit (+55.3%), Thai Bev (+50.9%), Ascendas Hospitality Trust (+43.9%) and Keppel DC REIT (+39.1%). They averaged a YTD total return of +85.4%.
Singapore lists over 100 stocks and trusts with a market capitalisation above S$1 billion. These stocks/trusts provide a wide range of investment choices, spanning both local and international businesses that operate across different sectors and industries.
Best-Yielding Billionaire Plays
In this list of more than 100 stocks/trusts, 32 have 12-month dividend indicated yields of 4.5% and above, compared with the STI’s current yield of about 4.2%. Among these, 22 are categorised as REITs, stapled and/or business trusts, while 10 are companies. Seven are constituents of the benchmark Straits Times Index (STI).
Among the 32, the 5 highest-yielding REITs and business trusts are: Hutchison Port Holdings Trust (9.6%), CapitaLand Retail China Trust (6.7%), Frasers Logistics Trust (6.5%), OUE Commercial REIT (6.4%) and Frasers Hospitality Trust (6.4%). These 5 trusts average a 12M indicated yield of 7.1%, and are categorised to the industrial, retail, office and hospitality segments.
The table below details the 22 REITs and business trusts with market cap above S$1 billion and 12M indicated yields of 4.5% and above, sorted by yield.
| Name | SGX Code |
Market Cap S$m |
12M Ind Yld (%) |
Total Return YTD % |
Total Return 1 Yr % |
Total Return 3 Yr % |
|---|---|---|---|---|---|---|
| HUTCHISON PORT HLDGS TRUST ^ | NS8U | 1,936 | 9.6 | -28.1 | -28.0 | -52.7 |
| CAPITALAND RETAIL CHINA TRUST | AU8U | 1,688 | 6.7 | 21.3 | 13.8 | 15.9 |
| FRASERS LOGISTICS TRUST | BWQU | 2,721 | 6.5 | 27.2 | 60.8 | 48.5 |
| OUE COMMERCIAL REIT | TS0U | 1,477 | 6.4 | 20.9 | -8.4 | 6.9 |
| FRASERS HOSPITALITY TRUST | ACV | 1,326 | 6.4 | 3.1 | 5.1 | 14.7 |
| ASCENDAS HOSPITALITY TRUST | Q1P | 1,206 | 6.0 | 43.9 | 40.9 | 80.8 |
| STARHILL GLOBAL REIT | P40U | 1,625 | 6.0 | 13.8 | 13.3 | 10.9 |
| FRASERS COMMERCIAL TRUST | ND8U | 1,479 | 5.9 | 24.7 | 24.2 | 46.4 |
| OUE HOSPITALITY TRUST | SK7 | 1,332 | 5.9 | 13.7 | 0.1 | 29.4 |
| MAPLETREE NORTH ASIA COMMERCIAL TRUST | RW0U | 4,136 | 5.7 | 20.1 | 21.1 | 45.7 |
| KEPPEL INFRASTRUCTURE TRUST | A7RU | 2,338 | 5.6 | 12.6 | 8.1 | 28.0 |
| NETLINK NBN TRUST | CJLU | 3,449 | 5.6 | 18.5 | 18.3 | 0.0 |
| FAR EAST HOSPITALITY TRUST | Q5T | 1,268 | 5.6 | 13.0 | 7.9 | 30.4 |
| MAPLETREE INDUSTRIAL TRUST | ME8U | 4,554 | 5.5 | 23.6 | 21.8 | 53.8 |
| ASCOTT RESIDENCE TRUST | A68U | 2,830 | 5.3 | 27.9 | 25.6 | 42.5 |
| ASCENDAS REIT | A17U | 9,463 | 5.3 | 23.5 | 20.3 | 47.0 |
| MAPLETREE LOGISTICS TRUST | M44U | 5,569 | 5.2 | 29.0 | 31.0 | 77.1 |
| CDL HOSPITALITY TRUSTS | J85 | 1,902 | 5.2 | 15.2 | 8.5 | 39.5 |
| ASCENDAS INDIA TRUST | CY6U | 1,523 | 5.2 | 38.2 | 31.9 | 60.6 |
| SPH REIT | SK6U | 2,850 | 5.1 | 14.4 | 16.6 | 31.5 |
| KEPPEL REIT | K71U | 4,178 | 4.5 | 11.7 | 8.3 | 33.2 |
| SUNTEC REIT | T82U | 5,232 | 4.5 | 9.3 | 6.0 | 29.2 |
| Average | 5.8 | 18.1 | 15.8 | 32.7 |
Source: Bloomberg & StockFacts (data as of 28 Aug 2019)
^ traded in USD with SGD equivalents shown in table.
Among the 32, the five highest-yielding companies are: StarHub (9.5%), Yanlord Land Group (6.3%), Hong Leong Finance (5.8%), Yangzijiang Shipbuilding (5.7%) and Singtel (5.6%). They average a 12M indicated yield of 6.6%, and are categorised to the industrials, communications services, real estate and financial services sectors.
The table below details the 10 companies with market cap above S$1 billion and 12M indicated yields above 4.5%, sorted by yield.
| Name | SGX Code |
Market Cap S$m |
12M Ind Yld (%) |
Total Return YTD % |
Total Return 1 Yr % |
Total Return 3 Yr % |
|---|---|---|---|---|---|---|
| STARHUB LTD | CC3 | 2,320 | 9.5 | -20.8 | -14.2 | -56.5 |
| YANLORD LAND GROUP | Z25 | 2,125 | 6.3 | -6.8 | -24.7 | -4.6 |
| HONG LEONG FINANCE | S41 | 1,155 | 5.8 | 7.4 | 4.9 | 32.5 |
| YANGZIJIANG SHIPBLDG | BS6 | 3,559 | 5.7 | -26.7 | -18.2 | 25.6 |
| SINGTEL | Z74 | 52,253 | 5.6 | 11.0 | 3.6 | -12.4 |
| DBS GROUP HLDGS | D05 | 61,745 | 5.0 | 6.0 | -1.1 | 82.0 |
| FRASERS PROPERTY | TQ5 | 5,169 | 4.9 | 11.9 | 10.6 | 33.7 |
| SILVERLAKE AXIS | 5CP | 1,283 | 4.7 | 10.1 | 2.0 | -8.6 |
| SIA ENGINEERING | S59 | 2,711 | 4.6 | 8.0 | -16.2 | -29.7 |
| OCBC BANK | O39 | 45,680 | 4.6 | -2.6 | -4.5 | 35.7 |
| Average | 5.7 | -0.2 | -5.8 | 9.8 |
Source: Bloomberg & StockFacts (data as of 28 Aug 2019)
Billionaire YTD Performers
Among the more than 100 stocks and trusts on SGX with market cap above S$1 billion, the 5 best performers in the 2019 year-to-date were: TPV Technology (+237.6%), SBS Transit (+55.3%), Thai Beverage PCL (+50.9%), Ascendas Hospitality Trust (+43.9%) and Keppel DC REIT (+39.1%). The 5 have averaged a total return of +85.4% in the YTD, bringing their one-year and three-year total returns to +110.6% and +75.0% respectively.
These stocks are categorised to the technology, transport services and consumer staples sectors, while the trusts are focused on the hospitality and industrials segments.
The table below details the 10 best-performing stocks/trusts with market cap above S$1 billion in the YTD, sorted by YTD total return.
| Name | SGX Code |
Market Cap S$m |
Total Return YTD % |
Total Return 1 Yr % |
Total Return 3 Yr % |
|---|---|---|---|---|---|
| TPV TECHNOLOGY * | T18 | 1,525 | 237.6 | 366.9 | 126.3 |
| SBS TRANSIT | S61 | 1,281 | 55.3 | 63.8 | 94.8 |
| THAI BEVERAGE | Y92 | 22,602 | 50.9 | 47.2 | -1.5 |
| ASCENDAS HOSPITALITY TRUST # | Q1P | 1,206 | 43.9 | 40.9 | 80.8 |
| KEPPEL DC REIT | AJBU | 2,394 | 39.1 | 34.1 | 74.5 |
| ASCENDAS INDIA TRUST | CY6U | 1,523 | 38.2 | 31.9 | 60.6 |
| MAPLETREE COMMERCIAL TRUST | N2IU | 6,139 | 37.7 | 42.2 | 67.1 |
| FRASERS CENTREPOINT TRUST | J69U | 3,024 | 29.9 | 24.7 | 45.6 |
| MAPLETREE LOGISTICS TRUST | M44U | 5,569 | 29.0 | 31.0 | 77.1 |
| MANULIFE US REIT ^ | BTOU | 1,747 | 28.4 | 17.8 | 48.6 |
| Average | 59.0 | 70.1 | 67.4 |
Source: Bloomberg & StockFacts (data as of 28 Aug 2019)
^ traded in USD with SGD equivalents shown in table
* privatisation offer
# merger proposal
Earlier this month, electrical components firm CEIEC (HK) and parties acting in concert with it have proposed to take TPV Technology private through a scheme of arrangement.
Note also that Ascendas Hospitality Trust and Ascott Residence Trust last month jointly proposed a merger to form Asia Pacific’s largest hospitality trust and the world’s 8th largest, with an asset value of more than S$7 billion.
In the YTD, the 5 least-performing stocks/trusts with market cap above S$1 billion on SGX were: Mandarin Oriental (-29.4%), Hutchison Port Holdings Trust (-28.1%), Sembcorp Marine (-27.9%), Yangzijiang Shipbuilding (-26.7%) and Shangri-La Asia (-24.2%).
