9 STI Stocks With Clear Dividend Policy

By Dr Wealth • February 18, 2015

There are 30 component stocks in the Straits Times Index. All the stocks pay dividends at varying amounts. Out of these 30 stocks, 9 stocks have stated specific dividend payout ratio they aim to achieve. I have ran through the annual reports and picked out the dividend policies of these companies. While a dividend policy is not as guaranteed as a bond coupon payment, it at least shows the management’s willingness and confidence in delivering dividend expectations.

1) Ascendas REIT

Even though the requirement for REITs is to distribute at least 90% of its taxable income, Ascendas is willing to go for 100%.

“The Trust’s distribution policy is to distribute 100% of its distributable income to Unitholders, other than gains on the sale of properties that are determined by IRAS to be trading gains and unrealised surplus on revaluation of investment properties and investment properties under development.”