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 |
|Current Price |
(23 Feb 2018) (S$)
|Current Dividend |
|OUE Hospitality Trust||5.14||0.86||5.98|
|The Hour Glass||2||0.68||2.94|
|Frasers Commercial Trust||9.82||1.42||6.92|
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.