Screening For Dividend Stocks In January 2020

Happy Chinese New Year!

The last time I screen for dividend stocks was back in November 2019. Since its a brand new year and the first month of the year 2020, I am interested to find which stocks currently provide the highest dividend yield.

How do I find stocks to analyse and decide if it is worth investing? Every month, I will always start by running the stock screener that I have saved on Stocks Café. There are several websites that offer such a tool to screen for stocks using conditions that you can set such as dividend yield, P/E ratio, P/B ratio and Market Capitalization etc. Some website that offers such a tool are Singapore Exchange, FSMOne and StocksCafe.

The stock screener offered by Stocks Café allows me to save the conditions that I can pre-set. You can check out my review here on the Stocks Café Dividend Stocks Screener (Read more: Screening For Dividend Stocks Using Stocks Cafe Stock Screener).

Below are the top dividend yielding stocks as of 25th January 2020.

Name Current Yield % P/E P/B Market Cap
Sasseur REIT 9.651 5.25 1.03 1B
Haw Par 9.055 14.79 0.927 2.8B
OUE 8.784 7.11 0.329 1.3B
Capita Retail China Trust 6.822 10.2 1.052 2B
Frasers Logistics and Industrial Trust AUD 6.802 10.11 1.059 2.5B
Cromwell REIT SGD 6.786 11.85 1.074 2.1B
SPH REIT 6.404 17.36 1.155 3B
OUE Commercial REIT 6.268 12.58 0.923 3B
Mapletree NAC Trust 6.06 6.4 0.88 4B
Ascendas-iTrust 5.794 8.15 1.635 1.9B
Frasers Commercial Trust 5.783 10.1 1.014 1.5B
SPH 5.742 16.69 0.979 3.4B
Frasers Logistics and Industrial Trust 5.738 11.86 1.271 2.8B
DBS 5.725 10.79 1.382 66.7B

The above results look pretty interesting as there are some stocks that are unfamiliar to me such as Ascendas-iTrust.

Ascendas India Trust is a property trust which owns seven IT parks and one logistics park in India with total floor area of 13.1 million sq ft spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai. Ascendas India Trust is focused on capitalising on the fast growing IT and logistics industries in India.

Mapletree NAC Trust also appear in the above list as the top dividend yielding stocks but we should be careful here as Mapletree NAC Trust has yet to walk out of the impact of the Hong Kong riots. (Read more: Mapletree North Asia Commercial Trust DPU Fell 13.3% )

Last, I just want to mention again that the above list is for reference only and we should do our homework before buying into the stock simply for the dividend yield.

Santa Claus Rally

Have you heard of the Santa Claus Rally? The term “Santa Claus Rally” is nothing new to investors and this is something everyone is hoping for. “Santa Claus Rally” refers to the sustained increase in the stock market usually in the last week of December where Christmas Day falls into and thus this is how this phenomenon gets its name.

According to what I found, there are several theories that support this “Santa Claus Rally”

  • Increased holiday shopping during the festive season. There are many ongoing sales and events such as Black Friday sales, 12.12 sale, Christmas sale and End of Year sales. All these shopping events give the retail sector a boost.
  • Institutional investors settling their books before going for their vacation. We all know that before REITs announce their financial results, the share price will always go up if investors are expecting some good financial results. Basically, investors sentiments supported the “Santa Claus Rally”.

Let us take a look whether “Santa Claus Rally” will happen this year for Straits Times Index. Below is the chart for SPDR Straits Times Index ETF. As you can see, there is an overall uptrend since early December.

Next, lets look at the Standards and Poor 500 Index. The uptrend is more apparent. As you can see the uptrend starts in early December as well.

Do you believe in the “Santa Claus Rally”? Well, I certainly do hope there will be a nice present from Santa Claus.

Last but not least, I wish everyone lives be filled with love and happiness and may your year be filled with positive energy and good vibes.

Merry Christmas!!

My Christmas Gift is S$100. What is Yours?

Time really flies and next week is already Christmas. While we prepare to celebrate the festive season, we must not forget about those in need and cannot afford a celebration.

Last year, I pledge to contribute back to the society while I strive hard, blog and invest for my retirement.

My Christmas Gift is a donation of $100 to Touch Community which is the second donation I made this year. Money is not necessary the best kind of contribution back to the society but given my busy work schedule, I guess this is the best I can do now.

TOUCH Community Services is a not-for-profit charity organisation in Singapore. They are a multi-service organisation providing services to meet various levels of needs in the community.

What is your Christmas Gift to those with special needs?