The FTSE ST Small Cap Index is a common barometer of how the small cap companies in Singapore are doing. It comprises of 65 constituent stocks and REITs, and includes companies from manufacturing, healthcare, energy and real estate. A recent report by the Singapore Exchange highlighted five of the highest yielding stocks in that index, excluding REITs. The top five stocks had a dividend yield of between 5% and 10.6%, and an average yield of 6.2%. Here’s a list of those top five stocks, starting from the bottom. Hi-P International Ltd (SGX: H17) is fifth on the list with a dividend yield of 5%. It is an integrated contract manufacturer that serves a wide range of industries, including consumer electronics, and medical, industrial, among others. The group divides its business into thre

What a year 2017 was for manufacturing companies in Singapore. Strong demand for electronic exports was the main catalyst that led to double-digit or even triple-digit growth in revenues and earnings for many electronics manufacturers. Consequently, many of these companies saw their share prices surge during the year. AEM Holdings Ltd (SGX: AWX) and Venture Corporation Ltd (SGX: V03) for instance, enjoyed a 484% and 107% increase in their share prices, respectively. Another electronics manufacturer that experienced a spectacular spike in its share price in 2017 was UMS Holdings Limited (SGX: 558); its stock climbed by 109%. The core business of UMS is to provide precision machining components for the manufacturing of semiconductors. As it was with many other manufacturing companies, UMS h