Most of the companies and REITs in my stock portfolio has announced their 4QFY17 financial results. As such, I am able to tabulate the total dividends they are paying or have paid out in FY17.
I am sure everyone has read about the stock market in a sea of red recently. Is this a buying opportunity?
As a dividend investor, I am keen to know what is the current dividend yield for each of the stock I am holding. This will help me in the decision whether I should be buying more or stop buying.
| Company Name | Total Dividends (FY17) (cents) | Current Price (23 Feb 2018) (S$) | Current Dividend Yield (%) |
| ST Engineering | 15 | 3.39 | 4.42 |
| ParkwayLife Reit | 13.35 | 2.78 | 4.80 |
| CapitaMall Trust | 11.51 | 1.97 | 5.84 |
| OUE Hospitality Trust | 5.14 | 0.86 | 5.98 |
| The Hour Glass | 2 | 0.68 | 2.94 |
| Kingsmen Creatives | 2.5 | 0.63 | 3.97 |
| Boustead | 2 | 0.82 | 2.44 |
| Frasers Commercial Trust | 9.82 | 1.42 | 6.92 |
| Suntec Reit | 10.005 | 1.93 | 5.18 |
Based on the above, we can see that the REITs are generating an above 5% but below 6% dividend yield with the exception of Frasers Commercial Trust. The current level of dividend yield (5% to 6%) is not fantastic but acceptable.
I am more curious about Frasers Commercial Trust. With the news of HP vacating Alexandra Technopark and China Square Central undergoing renovations, I am surprise FCOT is still able to pay out 9.82 cents in total for FY17 and a dividend yield of 6.92%. A buying opportunity? At this moment, I am not sure as I have not read in details the latest financial results and follow up on its recent news. Perhaps this is something I can do next.