OREANDA-NEWS. Singapore Exchange lists 79 companies classified by the Global Industry Classification System (GICS®) as Information Technology (IT) stocks, and they have a combined market capitalisation of S$9.1 billion.

According to GICS®, the IT sector comprises companies that provide software and information technology services, manufacture and distribute technology hardware and equipment such as communications equipment, cellular phones, computers & peripherals, electronic equipment and related instruments, as well as semiconductors.

The majority of IT stocks listed on SGX are classified as Technology Hardware and Equipment Related (68.4% of total IT stocks), while the rest consist of Software and Services (16.5%), and Semiconductors (15.2%).

These 79 IT stocks maintain an average dividend yield of 4.5%, higher than the benchmark Straits Times Index’s (STI) average yield of 3.9%. They also average a price-earnings ratio (P/E) of 24.0x and a price-to-book (P/B) ratio of 1.9x.

Singapore’s five highest-yielding IT stocks – CDW Holding, Karin Technology Holdings, Global Testing Corp, UMS Holdings and Smartflex Holdings – have a combined market capitalisation of S$448 million, and average a dividend yield of 9.2%.

These five stocks have generated a total return of 2.7% in the 2016 year thus far, bringing their one-year and three-year total returns to 4.2% and 57.2% respectively.

There are currently 23 IT stocks that maintain dividend yields of 5.0% and above, and their average yield is 6.5%. The tables below detail the top-yielding 23 IT stocks, and are sorted by dividend yield. Note that clicking on a stock name will take you to its profile page on SGX StockFacts.