Stock Screening

Highest Yielding REITs in March 2023

What are the highest yielding REITs in March 2023? Most REITs had or going to ex-dividend this month. I am looking to collect my pay out from the REITs in my stock portfolio.

Based on my observation, when REITs ex-dividend or pay out, the stock price usually declines slightly. When the stock price declines, this also means the current dividend yield increases. If you like to time the market, you can watch out for this opportunity to add the REIT you have been watching out for to your stock portfolio.

In the latest business updates or financial result releases, retail REITs’ metrics have reported to surpass pre-COVID levels as they benefit from the boost in tourism. (https://www.businesstimes.com.sg/companies-markets/retail-s-reits-metrics-surpass-pre-covid-poised-benefit-tourism-boost).

Despite inflation being under control, the Fed says more interest rate hikes are required to restore price stability. REITs react negatively to interest rate hikes as it impacts their Distribution Per Unit (DPU). When will be the next rate hike? I am not sure.

Nevertheless, below are the highest yielding REITs that I have screened for you using my favourite Stock Screener from Stocks Café.

Please do your own due diligence prior to investing into them.

Highest Yielding REITs in March 2023

Name: Hutchison Port Holdings Trust USD (SGX:NS8U)
Current Dividend Yield: 9.878
Price to Equity: 11.63
Price to Book: 0.477
Market Capitalization: 2.2B

Name: Hutchison Port Holdings Trust SGD (SGX:P7VU)
Current Dividend Yield: 9.804
Price to Equity: 11.789
Price to Book: 0.485
Market Capitalization: 2.2B

Name: CapitaLand India Trust (SGX:CY6U)
Current Dividend Yield: 7.312
Price to Equity: 7.013
Price to Book: 0.934
Market Capitalization: 1.3B

Name: Mapletree PanAsia Commercial Trust(SGX:N2IU)
Current Dividend Yield: 7.267
Price to Equity: 13.565
Price to Book: 0.966
Market Capitalization: 9B

Name: Lendlease Reit (SGX:JYEU)
Current Dividend Yield: 7.259
Price to Equity: 7.812
Price to Book: 0.865
Market Capitalization: 1.5B

Name: Keppel Reit (SGX:K71U)
Current Dividend Yield: 6.505
Price to Equity: 10.757
Price to Book: 0.679
Market Capitalization: 3.4B

Name: CapitaLand China Trust (SGX:AU8U)
Current Dividend Yield: 6.411
Price to Equity: 8.82
Price to Book: 0.873
Market Capitalization: 2B

Name: Suntec Reit (SGX:T82U)
Current Dividend Yield: 6.346
Price to Equity: 6.539
Price to Book: 0.66
Market Capitalization: 4B

Name: Frasers Logistics & Commercial Trust (SGX:BUOU)
Current Dividend Yield: 6.096
Price to Equity: 6.332
Price to Book: 0.962
Market Capitalization: 4.6B

Name: Mapletree Industrial Trust (SGX:ME8U)
Current Dividend Yield: 5.843
Price to Equity: 13.938
Price to Book: 1.237
Market Capitalization: 6.4B

Name: CapitaLand Ascendas REIT (SGX:A17U)
Current Dividend Yield: 5.683
Price to Equity: 11.632
Price to Book: 1.173
Market Capitalization: 11.7B

Name: CapitaLand Integrated Commercial Trust (SGX:C38U)
Current Dividend Yield: 5.598
Price to Equity: 10.559
Price to Book: 0.892
Market Capitalization: 12.5B

Name: CapitaLand Ascott Trust (SGX:HMN)
Current Dividend Yield: 5.554
Price to Equity: 19.429
Price to Book: 0.887
Market Capitalization: 3.4B

Name: Frasers Centrepoint Trust (SGX:J69U)
Current Dividend Yield: 5.533
Price to Equity: 18.144
Price to Book: 0.948
Market Capitalization: 3.8B

Name: Mapletree Log Trust (SGX:M44U)
Current Dividend Yield: 5.364
Price to Equity: 10.2
Price to Book: 1.191
Market Capitalization: 8.1B

Name: Far East Hospitality Trust (SGX:Q5T)
Current Dividend Yield: 5.274
Price to Equity: 6.858
Price to Book: 0.729
Market Capitalization: 1.2B

Name: Keppel DC Reit (SGX:AJBU)
Current Dividend Yield: 5.107
Price to Equity: 10.588
Price to Book: 1.429
Market Capitalization: 3.4B

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