There are 20 stocks, each with more than S\\$1billion in market value, listed on SGX, that have a policy of paying quarterly dividends, meaning they have a track record of distributing dividends to shareholders or unitholders every three months. Hence, if a stock were to maintain an 8% dividend yield, this would comprise four distributions over the course of the year. Each quarterly distribution would not necessarily be 2%, as distributions would depend on quarterly financials and financial year objectives.

These 20 stocks have a combined market capitalisation of S\\$55.6 billion and maintain an average indicative dividend yield of 6.1%.  Over the past 12 months, they have averaged negative dividend-boosted returns of 5.9%, which brought their average three-year returns to 29.9.0%.

The five stocks among the 20 with the highest dividend yields are Asian Pay Television Trust, Far East Hospitality Trust, OUE Hospitality Trust, Mapletree Logistics Trust, and Keppel REIT. The table below details the 20 stocks and is sorted based on market capitalisation. Note that clicking a stock’s name will direct you to its relevant page on StockFacts.

Name SGX Code

Mkt. Cap. in S\\$ mm

% Change - Dividend Adj. [1 Year]

% Change - Dividend Adj.[3 Years]

Div. Ind Yld.

in %

Singapore Exchange Limited S68

7,769

3.6

15.6

3.9

CapitaLand Mall Trust C38U

6,651

1.1

12.8

5.7

StarHub Ltd. CC3

6,324

-7.3

17.2

5.5

Suntec Real Estate Investment Trust T82U

3,849

-11.6

24.5

6.3

Singapore Post S08

3,833

7.2

87.4

3.7

Keppel REIT K71U

3,136

-17

4.8

6.9

Mapletree Commercial Trust N2IU

2,794

-4.2

41.7

6.1

Mapletree Industrial Trust ME8U

2,703

14.2

38.8

6.9

Mapletree Logistics Trust M44U

2,429

-11.2

6.6

7.6

Singapore Press Holdings SK6U

2,428

-5.1

-0.8

3.8

Keppel Infrastructure Trust A7RU

1,832

7

48.1

5.7

Frasers Centrepoint Trust J69U

1,783

2.9

29.3

5.9

Starhill Global REIT P40U

1,680

0.4

25.2

6.5

Silverlake Axis 5CP

1,504

-42.2

96.3

6.2

Parkway Life Real Estate Investment Trust C2PU

1,379

2.1

36.9

5.4

Asian Pay Television Trust S7OU

1,171

2.5

N/A

10

OSIM International O23

1,115

-43.5

25.8

4.1

Far East Hospitality Trust Q5T

1,115

-21.7

-24.6

7.7

OUE Hospitality Trust SK7

1,106

-0.8

N/A

7.9

Frasers Commercial Trust ND8U

1,091

6.4

51.8

6.8

Average    

-5.9

29.9

6.1