Screening For Dividend Stocks In March 2020

Screening For Dividend Stocks In March 2020

The stock market crashed this week on further news of the spread of the COVID-19 virus and also the oil price war between Saudi Arabia and Russia. Due to the continued bad news, the Straits Times Index (STI) fell as much as 6.03% on Monday, 9th March 2020. As you can see from the chart below, the Straits Times Index (STI) crashed further on Friday, 13th Mar 2020 before rebounding slightly at the end of the day.

During such crisis, there is an opportunity to start picking up quality stocks that can climb back and continue its growth when the stock market normalize in 1 or 2 years time (I guess).

If you had followed my blog, you know that I always have my stock screener ready to identify stocks that gives me a good dividend yield. When stock price goes down, the current dividend yield goes up.

The stock screener offered by Stocks Café allows me to save the conditions that I can pre-set. You can check out my review here on the Stocks Café Dividend Stocks Screener (Read more: Screening For Dividend Stocks Using Stocks Cafe Stock Screener).

Screening For Dividend Stocks In March 2020

Below are the top dividend yielding stocks as of 14th March 2020.

NameCurrent Yield %P/EP/BMarket Cap
Cromwell REIT SGD9.4949.320.8481.7B
Mapletree NAC Trust8.6515.110.7033.2B
OUE Commercial REIT8.48713.730.6332.1B
Ascendas-iTrust8.3615.471.1211.4B
CapitaRetail China Trust8.257.750.7741.5B
CDL Hospitality Trust8.05412.040.7351.4B
Starhill Global REIT7.75719.360.6511.3B
Far East Hospitality Trust7.18916.770.6131B
Frasers Commercial Trust6.8098.580.8611.3B
Yanlord Land6.7332.970.3582B
Frasers Logistics & Industrial Trust6.66710.271.1062.4B
Ascendas REIT6.52419.11.39210.9B
UOB6.4557.730.84833.4B
SPH6.38315.020.883B
DBS6.3577.741.00949.2B
Yangzijiang Shipbuilding SGD6.2895.10.5193.1B
Suntec REIT6.25510.850.7124.3B
Hong Leong Finance6.2510.40.5611.1B
SPH REIT6.16414.570.972.5B
TCIL HK$6.11710.780.343.8B
OCBC Bank5.8438.020.87439.9B
ComfortDelgro5.72513.971.4273.7B
SIA Engineering5.55611.611.4352.2B
CapitaMall Trust5.49111.531.0358B
Jardine Cycle & Carriage5.4097.450.9719B
Bukit Sembawang5.37913.450.7911.1B
Olam International5.2989.450.8934.8B
SATS5.27817.892.4874B
Genting Singapore5.14711.911.0188.2B

Last, I just want to mention again that the above list is for reference only and we should do our homework before buying into the stock simply for the dividend yield.

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