In Singapore, real estate investment trusts (REITs) dominate the top spots when it comes to investing in strong companies that pay out the best dividends.
According to SGX, Singapore REITs were also the second best performing segment in March 2018. It generated a market-capitalisation-weighted total return of 0.8%, only trailing the IT sector’s 1.0% total return. In comparison to the general market, the Straits Times Index (STI) declined by 2.6% in total return during the month.
DollarsAndSense used SGX’s StockFacts platform to narrow down the companies that have 1) delivered steady revenue growth over the past three years of at least 5%; 2) had a market capitalisation of at least $1 billion; and 3) offered a dividend of at least 4%. The results that came back was packed full of REITs. In fact, only two companies in the top 10 search results were not REITs. They were Frasers Property Limited and Yanlord Land Group Limited.
We list the top four below.
# 1 Ascendas Real Estate Investment Trust (SGX: A17U)
Ascendas REIT is the largest listed industrial REIT in Singapore with a diverse portfolio of over 100 properties in Singapore and 30 properties in Australia. Included on the STI, Ascendas REIT has a market capitalisation of $7.9 billion.
Based on its current share price of $2.69, Ascendas REIT pays out a distribution yield of 6.7% per annum. In addition, Ascendas REIT’s share price has increased over 6.3% over the past one-year period. In the year-to-date, its shares have declined 2.2%.
# 2 CapitaLand Commercial Trust (SGX: C61U)
CapitaLand Commercial Trust (CCT) has a portfolio of 10 premium office properties in Singapore as well as a 17.7% stake in MRCB-Quill REIT, a commercial REIT with a portfolio of 11 properties listed in Malaysia. CCT is also part of the STI and has a market capitalisation of $6.6 billion.
Trading at $1.82, CCT pays out a distribution yield of 4.8% per annum. Over the course of the past 52 weeks, CCT has increased over 16.7%. In the year-to-date, its shares have declined close to 8.1%.
#3 Mapletree Commercial Trust (SGX: N21U)
With a market capitalisation of $4.5 billion, Mapletree Commercial Trust (MCT) has a portfolio of five premium properties located in Singapore.
At a current share price of $1.56, MCT pays out a distribution yield of nearly 5.8% per annum. In the past 52 weeks, its shares have increased by 2.0%. In the year-to-date, its shares have declined nearly 5.5%.
# 4 Mapletree Industrial Trust (SGX: ME8U)
Mapletree Industrial Trust (MIT) has a market capitalisation of $3.8 billion, with a property portfolio comprising 85 industrial properties in Singapore and 14 data centres in the US.
Trading at $2.03, MIT pays a distribution yield of 5.8% per annum. In the past one-year period, its share price has risen by 14.0%. In the year-to-date, its shares have declined nearly 1.0%.
If you are interested to read more about Singapore stocks, you can check out our extensive archive of articles of 4 Stocks This Week. To stay up to date with the latest news on the Singapore Exchange, you also can check out the SGX My Gateway Market Updates to get more insights.
4 Stocks This Week is not a recommendation from us to buy or sell any of these stocks. For investors who are keen to find out more, you should continue researching about them before making your investment decisions.
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