(Click to see my Dividend Stock Tracker)

Most readers would know that I maintain a list of very popular high yield dividend stocks in Singapore. You can see the dividend yield, and how the dividend yield fluctuates as price changes. You can see its EV/EBITDA and its net debt to asset, to assess how leveraged they are. For some time, I kept getting the high yield are not cheap argument. Perhaps it depends on the context of what other stocks they are comparing to. Or the time period they are compared to. Interest rate is rising, so what is an average yield in the past, say a 5-5.5% dividend yield for Singapore based office properties, 6.5-7.5% dividend yield for industrial properties are not considered fair value. However, high yield dividend stocks, if they do not have a business behind it, tends to be interest rate sensitive. They ......