Stock Screening

Dividend Stocks in August 2022

Stock Screening

What Dividend Stocks in August 2022 with decent yields to add to your dividend stock portfolio? Dividend stocks are a great way to earn passive income. Fellow bloggers I knew such as REIT-TIREMENT are advocates of dividend investing using REITs.

A few days ago, Singapore trimmed its 2022 Gross Domestic Product (GDP) growth forecast to 3-4% as the global economic environment weakens due to challenges such as inflation and persistent supply chain disruptions.

The Singapore stock market may react to such news and thus we should always keep a watch list on stocks to buy when opportunity arises.

As usual I screen for dividend paying stocks using my preferred tool from Stocks Café.

The current dividend yield is based on the formula.

Current Yield % = (Previous Full Year Dividend / Current Stock Price) x 100%

Below are the conditions I set in the stock screener to identify dividend stocks.

  • Current Yield (%) >= 5 and <= 10
  • Price / Earnings <=20
  • Price / Book <= 3
  • Market Capitalization >= 1B

Dividend Stocks in August 2022

Below are the top dividend yielding stocks as of 14th August 2022 for your reference.

NameSymbolCurrent Yield %P/EP/BMarket Cap
ManulifeReit USDSGX:BTOU9.4419.9110.7931.4B
Hutchison Port Holdings Trust SGDSGX:P7VU8.2718.9590.5592.7B
Hutchison Port Holdings Trust USDSGX:NS8U8.2389.0620.5652.7B
Cromwell Reit EURSGX:CWBU8.16912.0130.831.7B
Top GloveSGX:BVA7.7849.5961.0512.2B
CapLand China TrustSGX:AU8U7.47818.4980.7621.9B
Tianjin Pharmaceutical Da Ren Tang Group Corp Ltd USDSGX:T147.2957.0870.8161.1B
Bumitama AgricultureSGX:P8Z7.0546.9951.1721.1B
Sinopec Shanghai Petrochemical ADR US$SGX:K3DD6.7796.6730.457282B
Petrol China ADR US$SGX:K3OD6.6815.5260.43311,515.4B
Mapletree Pan Asia Commercial TrustSGX:N2IU6.54718.3731.1036.4B
Yanlord LandSGX:Z256.4763.7550.292B
UOB Kay HianSGX:U106.3317.7870.6891.2B
SPH REITSGX:SK6U6.07419.0671.0222.6B
Golden Agri-ResSGX:E5H5.8365.3490.5443.5B
Suntec ReitSGX:T82U5.7547.5670.7614.6B
Keppel ReitSGX:K71U5.31813.0020.8274.1B
Ascendas ReitSGX:A17U5.20912.4271.24312.5B
Mapletree Industrial TrustSGX:ME8U5.18215.6851.4317.2B
Keppel CorpSGX:BN45.1510.341.01312.4B

From the above list, I can see that Manulife REIT gives the highest current dividend yield. This is because the company is facing headwinds and the share price has been beaten down. Whether it is an opportunity or trap, you have to do your own further analysis.

While the above list provides a quick view of what companies are generating a high dividend yield, it is important to study deeper into the fundamentals of each company.

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