Singapore investors are always looking for high-dividend stocks to invest in. While it may look lucrative to invest in companies with high dividends, we should also think about it from a risk standpoint – any investment that pays a higher return also tends to have higher risk.
Finding companies that pay high dividends may also be time consuming, or we may get outdated or even bad advice from family, friends and even online sources that cannot be trusted. To get started on finding these companies on our own, and looking into its fundamentals more, we can use SGX’s stock screener, StockFacts.
Using SGX StockFacts To Find The Companies With The Best Dividends
In this article, we use SGX’s stock screener, StockFacts, to find the top yielding companies, which also:
i. have a total market capitalisation of over $1 billion;
ii. have a total revenue of over $100 million;
iii. have a “buy” consensus recommendation on StockFacts; and
iv. have a dividend yield of over 5%
We used these criteria as we wanted to narrow down companies that were large, have a sizeable revenue, had “buy” statuses and, of course, have a dividend yield of over 5%. You can similarly use SGX’s StockFacts to customise other searches to find more companies that fit your criteria to invest in.
Here are the top four stocks that our search resulted in. Interestingly, all four were REITs and business trusts.
# 1 NetLink NBN Trust (SGX: CLJU)
NetLink NBN Trust designs, builds, owns and operates the passive fibre network infrastructure in Singapore. It has approximately 1.3 million residential end-user connections and more than 45,000 non-residential end-user connections.
Netlink NBN Trust has a market capitalisation of $3.2 billion, and a dividend yield of 8.4%.
In the past 1-year period, Netlink NBN Trust share price has been relatively stable, falling $0.01 to $0.81.
# 2 Mapletree North Asia Commercial Trust (SGX: RW0U)
Mapletree North Asia Commercial Trust (MNACT) owns and manages five properties located in prime locations in Hong Kong, China and Japan.
MNACT has a market capitalisation of $4.1 billion. In addition, according to StockFacts, it has a dividend yield of 7.4% based on its current share price.
In the past 1-year period, MNACT’s shares has increased by 9.7% to $1.29. This is close to its all-time high share price.
# 3 ESR-REIT (SGX: J91U)
ESR-REIT has 57 industrial properties located across Singapore. In October 2018, ESR-REIT merged with another industrial REIT in Singapore, Viva Industrial Trust, to form Singapore’s 4th largest industrial REIT by assets.
ESR-REIT has a market capitalisation of $1.7 billion, as well as a dividend yield of 7.2%.
In the past 1-year period, its shares has declined 2.7% to $0.535.
# 4 Far East Hospitality Trust (SGX: Q5T)
Far East Hospitality Trust has portfolio of nine hotel properties and four serviced residences, totalling 3,143 hotel rooms and apartment units. Located in Singapore, it is typically referred to as a Singapore hospitality segment pure-play.
Far East hospitality Trust has a market capitalisation of $1.2 billion, with a dividend yield of 6.5%.
In the past 1-year period, its shares has declined 6.7%.