Singapore Stocks with Dividend Yield Greater Than 6%
The following companies have been ranked based on their dividend yields, with comprehensive financial details and recommendations provided for each company.
Manulife US Real Estate Investment (MUST SP)
Key Metrics: Price: USD 0.097, Market Cap: USD 172M, F1 Dividend Yield: 43.8%, F2 Dividend Yield: 36.1%, P/B Ratio: 0.29
Analysis: MUST SP stands out with the highest projected dividend yield of 43.8% for F1 and 36.1% for F2. Despite its small market capitalization, it remains an attractive option for income-focused investors.
Recommendation: Mixed. Buy: 2, Hold: 2, Sell: 0.
IREIT Global (IREIT SP)
Key Metrics: Price: SGD 0.265, Market Cap: SGD 266M, F1 Dividend Yield: 10.5%, F2 Dividend Yield: 10.6%, P/B Ratio: 0.47
Analysis: IREIT Global demonstrates strong dividend yields and a solid valuation. With a stable P/B ratio, it offers consistent performance for investors seeking reliable returns.
Recommendation: Balanced. Buy: 1, Hold: 1, Sell: 0.
Aztech Global Ltd (AZTECH SP)
Key Metrics: Price: SGD 0.685, Market Cap: SGD 395M, F1 Dividend Yield: 14.5%, F2 Dividend Yield: 9.9%, P/B Ratio: 0.8
Analysis: Offering a robust F1 dividend yield of 14.5%, Aztech Global Ltd is a high-yielding stock. However, its projected F2 yield declines to 9.9%, which may indicate potential risks or growth adjustments.
Recommendation: Mixed. Buy: 2, Hold: 2, Sell: 4.
Hutchison Port Holdings Trust (HPHT SP)
Key Metrics: Price: USD 0.166, Market Cap: USD 1,394M, F1 Dividend Yield: 11.6%, F2 Dividend Yield: 9.9%, P/B Ratio: 0.4
Analysis: HPHT SP boasts a strong F1 dividend yield of 11.6%. Its low P/B ratio makes it an attractive option for value investors, though the declining F2 yield warrants caution.
Recommendation: Balanced. Buy: 1, Hold: 2, Sell: 0.
First REIT (FIRT SP)
Key Metrics: Price: SGD 0.275, Market Cap: SGD 423M, F1 Dividend Yield: 8.6%, F2 Dividend Yield: 9.3%, P/B Ratio: 0.6
Analysis: First REIT offers a stable yield profile with an increase in F2 yield. Its valuation metrics suggest moderate risk and steady returns.
Recommendation: Balanced. Buy: 2, Hold: 1, Sell: 0.
Singapore REITs with High Dividend Yields
REITs have been analyzed separately due to their unique characteristics. The following REITs are ranked based on their F1 dividend yields.
ESR-REIT (EREIT SP)
Key Metrics: Price: SGD 0.240, Market Cap: SGD 1,443M, F1 Dividend Yield: 12.2%, F2 Dividend Yield: 8.8%, P/B Ratio: 0.87
Analysis: ESR-REIT leads among REITs with a double-digit F1 yield of 12.2%. The declining F2 yield highlights potential headwinds, but its valuation remains attractive.
Recommendation: Balanced. Buy: 6, Hold: 0, Sell: 0.
Daiwa House Logistics Trust (DHLT SP)
Key Metrics: Price: SGD 0.585, Market Cap: SGD 305M, F1 Dividend Yield: 8.4%, F2 Dividend Yield: 8.5%, P/B Ratio: 0.79
Analysis: Offering consistent yields over F1 and F2, DHLT SP provides stable income opportunities for investors seeking logistics-focused REITs.
Recommendation: Balanced. Buy: 1, Hold: 0, Sell: 0.
Elite UK REIT (ELITE SP)
Key Metrics: Price: GBP 0.315, Market Cap: GBP 233M, F1 Dividend Yield: 9.6%, F2 Dividend Yield: 9.2%, P/B Ratio: 0.77
Analysis: Elite UK REIT offers strong dividend yields, making it an appealing option for income investors. Its valuation metrics are supportive of stability.
Recommendation: Balanced. Buy: 5, Hold: 1, Sell: 0.
Key Insights for Singapore STI Stocks
Singapore STI stocks provide diverse investment opportunities. Here are detailed insights into selected STI-listed companies with high dividend yields.
DBS Group Holdings (DBS SP)
Key Metrics: Price: SGD 44.840, Market Cap: SGD 95,409M, F1 Dividend Yield: 4.9%, F2 Dividend Yield: 6.3%, P/B Ratio: 1.1
Analysis: DBS Group stands as a reliable blue-chip option with a strong F2 yield of 6.3%. Its robust market cap and stable performance make it a cornerstone investment for many portfolios.
Recommendation: Strong. Buy: 10, Hold: 9, Sell: 0.
Mapletree Industrial Trust (MINT SP)
Key Metrics: Price: SGD 2.030, Market Cap: SGD 4,342M, F1 Dividend Yield: 6.1%, F2 Dividend Yield: 6.7%, P/B Ratio: 1.13
Analysis: With strong financials and a healthy yield, MINT SP is a solid choice for investors looking at industrial-focused income plays.
Recommendation: Balanced. Buy: 10, Hold: 4, Sell: 1.
