OREANDA-NEWS. FTSE Group provide an index series that enables international like-for-like comparisons of stock markets that are reported on monthly. This includes a total of 11 Asian indices, which like the other FTSE country indices, have performances expressed in US Dollar (USD) terms. 

Regionally, the FTSE Singapore Index maintains the equal highest dividend yield of 3.3% with the FTSE Malaysia Index, exceeding the average yield of 2.4% amongst the other Asian’s indexes.  Please note that because these indices are used for international comparisons they are not necessarily the benchmark stock market indices used by each of the countries. From June last year, the yield for the FTSE Singapore Index has declined 0.2% from 3.5% while the yield for the FTSE Malaysia Index has increased 0.4% from 2.9%.

FTSE Country Indices

Source: FTSE Monthly Index Performance Report – January 2015

The FTSE Singapore Index does not include secondary listings is made up of 42 stocks. Moreover, there are 45 stocks listed in Singapore that maintain a market capitalisation greater than S\\$1 billion and a dividend yield higher than the 3.3% maintained by the FTSE Singapore Index.

These 45 stocks make up 27% of the total market capitalisation of all primary and secondary stocks listed on SGX. These 45 stocks are widely diversified to seven sectors as categorised by Global Industry Classification Standard (GICS®), and these sectors are – consumer discretionary, consumer staples, financials, healthcare, information technology, industrials and telecommunication services.

Details of the relevant stocks are listed below. Please note that the table is sorted according to dividend yield. Please note that clicking directly on the stock name below will take you to the relevant profile page on SGX StockFacts.

Company Name SGX Code Industry Mkt. Cap.in S\\$ mm P/E Div. Yld.in % 52 Week Low Last Price (S\\$) 52 Week High
Asian Pay Television Trust S7OU Media 1,285.9 9.1 9.3 0.735 0.895 0.920
China Merchants Holdings (Pacific) Limited C22 Transportation Infrastructure 1,058.8 9.4 8.5 0.870 1.005 1.020
Religare Health Trust RF1U Healthcare Providers and Services 1,465.9 24.9 7.9 0.760 1.075 1.140
Hutchison Port Holdings Trust NS8U Transportation Infrastructure 8,208.5 - 7.7 0.834 0.942 1.030
OUE Hospitality Trust SK7 Real Estate Investment Trusts (REITs) 1,218.2 15.4 7.2 0.825 0.920 0.945
Mapletree Industrial Trust ME8U Real Estate Investment Trusts (REITs) 2,685.6 8.1 6.9 1.310 1.550 1.580
Far East Hospitality Trust Q5T Real Estate Investment Trusts (REITs) 1,529.1 11.7 6.6 0.775 0.860 0.905
Ascott Residence Trust A68U Real Estate Investment Trusts (REITs) 1,945.2 16.0 6.5 1.150 1.265 1.320
CDL Hospitality Trusts J85 Real Estate Investment Trusts (REITs) 1,718.9 14.0 6.3 1.565 1.750 1.835
Mapletree Logistics Trust M44U Real Estate Investment Trusts (REITs) 3,036.6 10.5 6.2 1.005 1.230 1.255
Starhill Global REIT P40U Real Estate Investment Trusts (REITs) 1,776.4 16.0 6.1 0.760 0.825 0.850
Venture Corporation Limited V03 Electronic Equipment, Instruments and Components 2,263.9 16.3 6.1 7.150 8.230 8.250
Mapletree Greater China Commercial Trust RW0U Real Estate Investment Trusts (REITs) 2,767.6 7.6 6.1 0.795 1.020 1.035
CapitaRetail China Trust AU8U Real Estate Investment Trusts (REITs) 1,362.3 9.3 5.9 1.300 1.645 1.735
Ascendas Real Estate Investment Trust A17U Real Estate Investment Trusts (REITs) 5,942.1 13.1 5.9 2.120 2.470 2.630
Frasers Commercial Trust ND8U Real Estate Investment Trusts (REITs) 1,011.9 11.1 5.7 1.220 1.490 1.515
SPH REIT SK6U Real Estate Investment Trusts (REITs) 2,676.9 14.5 5.7 0.970 1.060 1.100
Frasers Centrepoint Trust J69U Real Estate Investment Trusts (REITs) 1,841.5 10.4 5.5 1.670 2.010 2.090
Keppel Corporation Limited BN4 Industrial Conglomerates 13,289.5 8.4 5.5 7.910 8.600 11.200
Singapore Press Holdings Limited T39 Media 6,629.0 17.9 5.1 3.970 4.100 4.350
Mapletree Commercial Trust N2IU Real Estate Investment Trusts (REITs) 3,208.3 8.9 5.1 1.175 1.525 1.560
Frasers Centrepoint Limited TQ5 Real Estate Management and Development 4,923.5 8.3 5.1 1.405 1.700 2.000
CapitaMall Trust C38U Real Estate Investment Trusts (REITs) 7,514.5 12.2 5.0 1.805 2.170 2.260
Suntec Real Estate Investment Trust T82U Real Estate Investment Trusts (REITs) 4,799.9 15.2 4.9 1.610 1.915 2.010
Keppel REIT K71U Real Estate Investment Trusts (REITs) 3,907.6 9.5 4.9 1.115 1.230 1.305
M1 Limited B2F Wireless Telecommunication Services 3,628.4 20.7 4.9 3.270 3.890 3.930
SIA Engineering Company Limited S59 Transportation Infrastructure 4,686.0 22.7 4.8 3.910 4.180 5.150
Fortune Real Estate Investment Trust F25U Real Estate Investment Trusts (REITs) 2,818.4 4.1 4.8 0.979 1.502 1.570
Parkway Life Real Estate Investment Trust C2PU Real Estate Investment Trusts (REITs) 1,464.1 12.1 4.8 2.220 2.420 2.540
CapitaCommercial Trust C61U Real Estate Investment Trusts (REITs) 5,274.6 11.9 4.7 1.390 1.790 1.935
StarHub Ltd. CC3 Wireless Telecommunication Services 7,371.5 20.6 4.7 4.000 4.270 4.320
Hong Leong Finance Limited S41 Consumer Finance 1,166.6 19.3 4.6 2.550 2.630 2.790
Singapore Technologies Engineering Ltd S63 Aerospace and Defense 10,662.1 19.2 4.4 3.140 3.430 4.000
UOB-Kay Hian Holdings Limited U10 Capital Markets 1,110.3 14.8 4.4 1.470 1.480 1.690
Sembcorp Marine Ltd S51 Machinery 6,309.8 11.1 4.3 2.850 3.020 4.180
SATS Ltd. S58 Transportation Infrastructure 3,378.6 18.4 4.2 2.830 3.050 3.230
Mandarin Oriental International Limited M04 Hotels, Restaurants and Leisure 2,293.1 19.9 4.2 2.190 2.285 2.644
Singapore Telecommunications Limited Z74 Diversified Telecommunication Services 65,204.1 18.1 4.1 3.490 4.120 4.160
Yangzijiang Shipbuilding (Holdings) Ltd. BS6 Machinery 4,732.3 6.3 4.0 0.995 1.235 1.295
Super Group Ltd. S10 Food Products 1,366.1 20.9 3.7 1.040 1.225 1.985
Fragrance Group Limited F31 Real Estate Management and Development 1,510.7 10.0 3.6 0.205 0.225 0.265
Sheng Siong Group Ltd. OV8 Food and Staples Retailing 1,090.1 22.4 3.6 0.585 0.725 0.750
Jardine Cycle & Carriage Limited C07 Distributors 14,907.9 13.2 3.5 34.420 41.910 49.010
Singapore Exchange Limited S68 Diversified Financial Services 8,718.6 27.6 3.5 6.660 8.140 8.180
Oversea-Chinese Banking Corporation Limited O39 Banks 42,225.8 9.8 3.4 9.200 10.600 10.650

Source: SGX StockFacts (data as of 11 February 2015)

The five stocks with the highest yields in the list above include four trusts and one company. These five stocks, Asian Pay Television Trust, China Merchants Holdings (Pacific), Religare Health Trust, Hutchison Port Holdings, and OUE Hospitality Trust have a combined market capitalisation of S\\$13.2 billion, and they maintain an average dividend yield of 8.1%. These five stocks averaged a 3.8% price gain in the year thus far and 19.1% price gain over the past 12 months.

Asian Pay Television Trust

Asian Pay Television Trust operates as a cable TV system operator in Taiwan. The company provides basic cable TV and digital cable TV services; and value-added services, such as broadband Internet access and cable telephony services, as well as premium digital television programming to households and businesses. It serves 1.1 million homes. The company was founded in 1999 and is based in Singapore.

Asian Pay Television Trust has a market capitalisation of S\\$1.3 billion and the trust trades at a P/E of 9.1. The trust also maintains a dividend yield of 9.3%. Units in the trust went ex-dividend on 10 December 2014, distributing S\\$0.02 per unit.

China Merchants Holdings (Pacific)

China Merchants Holdings (Pacific) Limited, an investment holding company, invests in and manages toll roads in the People’s Republic of China. The company operates through two segments, Toll Road Operations and Property Development. The company also provides management and technical services in toll road and other infrastructure related businesses. In addition, it is involved in the development of land and the construction and sale of residential housing, as well as provides mortgage finance for the purchase of private residential housing in New Zealand.

China Merchants Holdings (Pacific) has a market capitalisation of S\\$1.1 billion and the stock trades at a P/E of 9.4. The stock maintains a dividend yield of 8.5%. Shares in the stock went ex-dividend on 16 October 2014, distributing S\\$0.035 per share.

Religare Health Trust
Religare Health Trust, a business trust, provides medical and clinical establishment services in India. It has a portfolio of 11 clinical establishments, 4 greenfield clinical establishments, and 2 operating hospitals. The company was founded in 2011 and is based in Singapore.

Religare Health Trust has a market capitalisation of S\\$1.5 billion and the trust trades at a P/E of 24.9. The trust also maintains a dividend yield of 7.9%. Units in the trust went ex-dividend on 20 November 2014, distributing S\\$0.0361 per unit.

Hutchison Port Holdings Trust

Hutchison Port Holdings Trust, together with its subsidiaries, invests in, develops, operates, and manages deep-water container ports in Guangdong Province of China, Hong Kong, and Macau. The company owns interests in four deep-water container ports located in Kwai Tsing, Hong Kong and Shenzhen, China. The company also invests in other types of port assets, including river ports, as well as undertakes certain port ancillary services, which consist of trucking, feedering, freight forwarding, supply chain management, warehousing, and distribution services. Hutchison Port Holdings Trust was incorporated in 2011 and is based in Singapore.

Hutchison Port Holdings Trust has a market capitalisation of S\\$8.2 billion and the trust maintains a dividend yield of 7.7%. Units in the trust will go ex-dividend on 12 February 2015, distributing HK\\$0.223 per unit.

OUE Hospitality Trust

OUE Hospitality Trust (OUE H-Trust) is a stapled group comprising OUE Hospitality Real Estate Investment Trust (OUE H-REIT) and OUE Hospitality Business Trust (OUE H-BT). OUE H-REIT is a Singapore-based REIT established with the principal investment strategy of investing, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for hospitality and/or hospitality-related purposes, whether wholly or partially, as well as real estate-related assets. Real estate which is used for “hospitality” purposes includes hotels, serviced residences, resorts and other lodging facilities, whether in existence by themselves as a whole or as part of larger mixed-use developments, which may include commercial, entertainment, retail and leisure facilities.

OUE Hospitality Trust has a market capitalisation of S\\$1.2 billion and the trust trades at a P/E of 15.4. The trust also maintains a dividend yield of 7.2%. Units in the trust went ex-dividend on 2 February 2015, distributing S\\$0.0178 per unit.