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$1.0 billion. Of these, 37 have a dividend yield above 4.0%, compared with the benchmark Straits Times Index’s (STI) yield of 3.2%.
Of the 37 stocks, more than 70% are either in the Real Estate industry or Real Estate Investment Trusts (REITs), while nine of the 37 are constituents of the STI.
In the year-to-date, the five best performing stocks were Hi-P International (+183.8%), CDL Hospitality Trusts (+31.6%), Frasers Centrepoint (+29.7%), Lippo Malls Indonesia Retail Trust (+25.3%) and Mapletree Logistics Trust (+25.3%).These five stocks averaged a total return of 58.8%.
The four highest yielding stocks are are Hi-P International (13.8%), Lippo Malls Indonesia Retail Trust (8.1%), Hutchison Port Holdings Trust (7.7%), and Frasers Commercial Trust (7.1%), with an average yield of 9.1%. The fifth highest yielding stocks – OUE Commercial REIT, Keppel Infrastructure Trust and OUE Hospitality Trust – all offer a yield of 6.8%.
The table below details the 37 stocks, sorted by yield. The yields were extracted from StockFacts, and generally annualise the most recently announced dividend amount based on the dividend payment frequency of the stock, and divided by the current market price. In other cases where the company pays an interim and final dividend, the indicative dividend yield will comprise the final and interim distributions made over the past 12 month, divided by the current market price.
Investors may use the screener available on
StockFacts to screen for companies with customised search criteria such as market capitalisation and dividend yield.
Name |
SGX Code |
Market Cap S$M |
Total Return YTD % |
Total Return 1 Yr % |
Total Return 3 Yr % |
Dvd 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 |
Office REITs |
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 |
Office REITs |
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.
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 may only be onward disseminated by the recipient wholly or in part if its content is attributed to SGX. This document shall not otherwise 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.”