Cited analysis from Fundsupermart.com Research and Portfolio Management, since 2008, the sectors with the highest average dividend yield and dividend payout ratio are real estate trusts, telecommunications, finance, oil &gas.
The dividend yields in these areas are 6.7%, 4.6%, 4.1%, and 2.8%, respectively. Then, real estate trusts seem to be the most worthwhile stocks to invest in.
"Real estate trusts must distribute 90% of their profits after tax to shareholders. As long as this regulation does not change, this sector is likely to continue to be the sector with the highest dividend yield and dividend payout ratio."
According to dividends.sg , there are over 40 SG REITS' dividend yields higher than SG fixed deposit rates. Full link.
Recommend to read: 🎁13 SG stocks' Dividend Yields Higher than Fixed Deposit Rates
SGX_Stars sorted out 3 tables of TOP 10 REITS by Dividend Yields，Market Value and YTD 2023 as below, Welcome Tigers to join to share which REITs you are most bullished on to win Tiger coins:
- In the first table, we can see the Top 10 S-Reits with dividend yields over 10%.
- The second table shows the top 10 S-Reits( dividend yields over 4%) by market value
- The third table shows the TOP 10 S-Reits
| Company | Market Value (bn/SGD) | Current Price (SGD) | Dividend Yield | YTD 2023 |
| $FIRST SHIP LEASE TRUST(D8DU.SI)$ | 0.136 | 0.078 | 27.59% | -2.53% |
| $MANULIFE US REIT(BTOU.SI)$ | 0.48 | 0.26 | 18.27% | -1.43% |
| $EC WORLD REIT(BWCU.SI)$ | 0.28 | 0.345 | 16.93% | -23.6 |
| $Prime US ReitUSD(OXMU.SI)$ | 0.46 | 0.39 | 16.79% | -1.76% |
| $KEPPEL-KBS US REIT(CMOU.SI)$ | 0.47 | 0.45 | 12.61% | 2.74% |
| $UtdHampshReitUSD(ODBU.SI)$ | 0.25 | 0.49 | 12% | 12% |
| $DASIN RETAIL TRUST(CEDU.SI)$ | 0.16 | 0.194 | 11.55% | -31.93% |
| $LIPPO MALLS INDO RETAIL TRUST(D5IU.SI)$ | 0.2 | 0.027 | 11.48% | -10.33% |
| $ESR-REIT(J91U.SI)$ | 2.34 | 0.33 | 10.45% | -11.68% |
| $Cromwell Reit SGD(CWCU.SI)$ | 1.26 | 2.4 | 10.24% | 16.85% |
| Company | Market Value (bn/SGD) | Current Price (SGD) | Dividend Yield | YTD 2023 |
| $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ | 11.65 | 2.76 | 5.72% | 3.56% |
| $Mapletree PanAsia Com Tr(N2IU.SI)$ | 9.16 | 1.74 | 7.27% | 5.58% |
| $MAPLETREE LOGISTICS TRUST(M44U.SI)$ | 7.9 | 1.64 | 5.43% | 4.46% |
| $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ | 6.3 | 2.32 | 5.92% | 6.49% |
| $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ | 4.61 | 1.24 | 6.25% | 7.76% |
| $SUNTEC REAL ESTATE INV TRUST(T82U.SI)$ | 4.04 | 1.4 | 6.35% | 3.60% |
| $FRASERS CENTREPOINT TRUST(J69U.SI)$ | 3.8 | 2.23 | 5.51% | 6.67% |
| $Ascott Trust(HMN.SI)$ | 3.56 | 1.02 | 5.55% | -0.87% |
| $KEPPEL DC REIT(AJBU.SI)$ | 3.46 | 2.01 | 5.18% | 16.39% |
| $NETLINK NBN TRUST(CJLU.SI)$ | 3.4 | 0.87 | 6% | 5% |
| Company | Market Value (bn/SGD) | Current Price (SGD) | Dividend Yield | YTD 2023 |
| $ARA US HOSPITALITY TRUST(XZL.SI)$ | 0.23 | 0.4 | 7.64% | 19.50% |
| $Cromwell Reit SGD(CWCU.SI)$ | 1.26 | 2.4 | 10.24% | 16.85% |
| $KEPPEL DC REIT(AJBU.SI)$ | 3.46 | 2.01 | 5.18% | 16.39% |
| $UtdHampshReitUSD(ODBU.SI)$ | 0.25 | 0.49 | 12% | 12% |
| $AIMS APAC REIT(O5RU.SI)$ | 0.97 | 1.35 | 7.15% | 11.75% |
| $SPH REIT(SK6U.SI)$ | 2.7 | 0.95 | 4.80% | 8.03% |
| $DigiCore Reit USD(DCRU.SI)$ | 0.67 | 0.575 | 7.40% | 7.88% |
| $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ | 4.61 | 1.24 | 6.25% | 7.76% |
| $FRASERS CENTREPOINT TRUST(J69U.SI)$ | 3.8 | 2.23 | 5.51% | 6.67% |
| $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ | 6.3 | 2.32 | 5.92% | 6.49% |
How to evaluate a healthy S-Reits?
Before you invests REITs, you are suggested to understand both the S-Reit landscape and factors that affect the performance of Reits. Consider economic outlook affects S-Reits in varying sectors (commercial, healthcare, hospitality, industrial and retail) differently.
Below are 6 key things to consider when evaluating Reits:
- Economic outlook. Like stocks, the state of the economy is an important factor affecting the performance of Reits. ...
- Yield and frequency of payouts: Make sure the REIT has a good track record of paying dividends.
- Interest rate environment. It is generally said that rising interest rates make bonds, dividend income stocks and Reits less attractive.
- Weighted average lease expiry (WALE) :WALE is one of the main metrics used to assess the health of a Reit.
- Net Asset Value (NAV) :the difference between total assets and liabilities on a per unit basis
- Funds from operations (FFO)：Pay attention to the scale of real estate enterprises. The larger the scale of the enterprise, the stronger its solvency.
Please take your time to read up on each Reit, so you can make more informed decisions and are comfortable with investing Furthermore.
💡Share to win prizes
- Of the above S-Reits, which one do you bullish on the most, and would you like to add it to your watchlist?
- Please share the fundamentals or earnings back ground of the High Dividend Yields stocks’ that you are interested in.
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