Highest Dividend REITs in Singapore February 2025

Are you looking for the highest dividend REITs in Singapore in February 2025 to invest using the Chinese New Year red packet money that you have collected? Last week, the Fed held the federal funds rate in a range between 4.25% to 4.5%, pausing its rate cut path as inflation fears simmer. Another reason is because of Trump measures which included his barrage of new tariffs which threatened to reignite price growth.

Before the pause in rate cut, the Fed announced their third interest rate cut in December 2024. The interest rate cut by the Federal Reserve has had a positive impact on Singapore Real Estate Investment Trusts (REITs). Lower interest rates mean that borrowing costs for REITs are reduced, leading to increased profitability.

The pause in rate cuts could potentially cause the share prices of REITs to become more volatile. When share price of REITs fell, there could be opportunity for dividend investors to add quality dividend yielding REITs to their portfolio as the current dividend yield will go up. Thus, it is important to keep a watch list ready on hand when such opportunity arises.

Are you wondering what is Mapletree Industrial Trust share price, Keppel REIT share price, Ascendas REIT share price and their current dividend yield? Their prices have dropped recently, and the current dividend yield had become attractive. I will share the information below.

In 2024, I collected a total of S$19,705.08 in passive income. The majority of my passive income comes from the dividends paid out by REITs in my stock portfolio. Besides REITs, I also invest in Singapore Savings Bond and Treasury Bills (T Bills). The important thing in terms of building a Singapore REIT portfolio is to be able to identify high quality REITs are those that constantly pay you dividends and are able to grow their Distribution Per Unit (DPU) year-on-year.

How to Find Singapore REITs to Buy?

As shared in my previous post, Singapore Stock screening is the process of filtering a large number of stocks based on specific criteria to identify potential investment opportunities. There are many stock screening tools out there. As such, it is not difficult to obtain a shorter list of good REITs and their current dividend yield for further analyse and decision making. Stock Screening tools allow you to screen REITs based on specific factors like P/E ratio, dividend yield, and other financial metrics.

For me, I use Stocks Café Stock Screener to screen for a list of REITs that meet my predefined criteria so that I have a shorter list of REITs to analyse. Below are the criteria that I used to screen for dividend stocks. You can adjust them to fit your risk appetite.

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

Every start of the month, I will screen for a list of REITs which becomes my watchlist. Below is a list of Singapore REITs that I screened using Stocks Café Stock Screener, sorted from the highest current dividend yield to the lowest.

Important: Please read up their latest financial results and DO NOT BUY the below REITs blindly based on their current dividend yield.

Do watch my video 6 Terms to Know as A REIT Investor before investing in them. Also watch my video on different type of REITs in Singapore so that you know how to diversify your REITs portfolio.

Highest Dividend REITs in Singapore February 2025

CapitaLand China Trust (SGX:AU8U)
Market Capitalization: SGD 1.3B
Current Dividend Yield: 8.18%
Price to Equity: 79.749
Price to Book: 0.587
Net Asset Value (NAV): SGD 1.252
Closing Price (3-Feb-25): SGD 0.73

Frasers Logistics & Commercial Trust (SGX:BUOU)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 7.68%
Price to Equity: 22.543
Price to Book: 0.779
Net Asset Value (NAV): SGD 1.136
Closing Price (3-Feb-25): SGD 0.88

PARAGON REIT (SGX:SK6U)
Market Capitalization: SGD 2.5B
Current Dividend Yield: 7.65%
Price to Equity: 9.854
Price to Book: 0.848
Net Asset Value (NAV): SGD 1.044
Closing Price (3-Feb-25): SGD 0.875

AIMS APAC (SGX:O5RU)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 7.32%
Price to Equity: 23.73
Price to Book: 0.732
Net Asset Value (NAV): SGD 1.763
Closing Price (3-Feb-25): SGD 1.27

Starhill Global Reit (SGX:P40U)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 7.16%
Price to Equity: 17.6
Price to Book: 0.675
Net Asset Value (NAV): SGD 0.756
Closing Price (3-Feb-25): SGD 0.485

Lendlease Reit (SGX:JYEU)
Market Capitalization: SGD 1.3B
Current Dividend Yield: 6.96%
Price to Equity: 22.651
Price to Book: 0.597
Net Asset Value (NAV): SGD 0.93
Closing Price (3-Feb-25): SGD 0.545

Mapletree Commercial Trust (SGX:N2IU)
Market Capitalization: SGD 6.4B
Current Dividend Yield: 6.91%
Price to Equity: 14.277
Price to Book: 0.681
Net Asset Value (NAV): SGD 1.778
Closing Price (3-Feb-25): SGD 1.18

Far East Hospitality Trust (SGX:Q5T)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 6.83%
Price to Equity: 10.366
Price to Book: 0.653
Net Asset Value (NAV): SGD 0.926
Closing Price (3-Feb-25): SGD 0.605

CapitaLand Ascott Trust (SGX:HMN)
Market Capitalization: SGD 3.4B
Current Dividend Yield: 6.81%
Price to Equity: 14.281
Price to Book: 0.712
Net Asset Value (NAV): SGD 1.257
Closing Price (3-Feb-25): SGD 0.895

Mapletree Logistics Trust (SGX:M44U)
Market Capitalization: SGD 6.2B
Current Dividend Yield: 6.81%
Price to Equity: 22.615
Price to Book: 0.836
Net Asset Value (NAV): SGD 1.46
Closing Price (3-Feb-25): SGD 1.21

CapitaLand Integrated Commercial Trust (SGX:C38U)
Market Capitalization: SGD 14.2B
Current Dividend Yield: 6.69%
Price to Equity: 15.681
Price to Book: 0.918
Net Asset Value (NAV): SGD 2.124
Closing Price (3-Feb-25): SGD 1.93

Keppel Reit (SGX:K71U)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 6.55%
Price to Equity: 33.209
Price to Book: 0.633
Net Asset Value (NAV): SGD 1.351
Closing Price (3-Feb-25): SGD 0.86

Mapletree Industrial Trust (SGX:ME8U)
Market Capitalization: SGD 6B
Current Dividend Yield: 6.46%
Price to Equity: 50.024
Price to Book: 1.138
Net Asset Value (NAV): SGD 1.846
Closing Price (3-Feb-25): SGD 2.10

CDL Hospitality Trust (SGX:J85)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 6.15%
Price to Equity: 75.474
Price to Book: 0.594
Net Asset Value (NAV): SGD 1.456
Closing Price (3-Feb-25): SGD 0.855

Ascendas REIT (SGX:A17U)
Market Capitalization: SGD 11.4B
Current Dividend Yield: 5.78%
Price to Equity: 75.554
Price to Book: 1.109
Net Asset Value (NAV): SGD 2.335
Closing Price (3-Feb-25): SGD 2.57

Frasers Centrepoint Trust (SGX:J69U)
Market Capitalization: SGD 3.9B
Current Dividend Yield: 5.63%
Price to Equity: 19.626
Price to Book: 0.932
Net Asset Value (NAV): SGD 2.297
Closing Price (3-Feb-25): SGD 2.13

Suntec Reit (SGX:T82U)
Market Capitalization: SGD 3.5B
Current Dividend Yield: 5.20%
Price to Equity: 30.829
Price to Book: 0.547
Net Asset Value (NAV): SGD 2.174
Closing Price (3-Feb-25): SGD 1.18

ParkwayLife REIT (SGX:C2PU)
Market Capitalization: SGD 2.5B
Current Dividend Yield: 5.17%
Price to Equity: 22.323
Price to Book: 1.643
Net Asset Value (NAV): SGD 2.355
Closing Price (3-Feb-25): SGD 3.87

Based on the above list, Keppel REIT share price closed at S$0.86 on 3rd February while Ascendas REIT share price closed at S$2.57. Mapletree Industrial Trust share price closed at S$2.10.