How do I find stocks to analyse and decide if it is worth investing? Every month, I will always start by running the stock screener that I have saved on Stocks Café. There are several websites that offer such a tool to screen for stocks using conditions that you can set such as dividend yield, P/E ratio, P/B ratio and Market Capitalization etc. Some website that offers such a tool are Singapore Exchange, FSMOne and StocksCafe.
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).
Below are the top 10 dividend yielding stocks as of 14th November 2019.
Name | Current Yield % | P/E | P/B | Market Cap |
OUE | 8.904 | 19.94 | 0.33 | 1.3B |
Haw Par | 8.765 | 16.29 | 0.969 | 3B |
CapitaRetail China Trust | 7.316 | 9.57 | 0.987 | 1.8B |
Cromwell REIT SGD | 7.183 | 10.96 | 0.931 | 1.9B |
Cromwell REIT EUR | 7.098 | 11.45 | 0.966 | 1.3B |
Mapletree NAC Trust | 6.757 | 6.05 | 0.853 | 3.9B |
Mapletree Industrial Trust | 6.076 | 16.93 | 1.58 | 5.4B |
Frasers Commercial Trust | 5.963 | 9.77 | 0.982 | 1.5B |
Yanlord Land | 5.714 | 4.83 | 0.473 | 2.4B |
Frasers Logistics and Industrial Trust | 5.691 | 11.86 | 1.271 | 2.7B |
With the ongoing protests in Hong Kong, this has impacted REITs that have Hong Kong assets in its portfolio. Protesters are vandalising malls and this causes shoppers to stay at home, forcing shopping malls and shops to shut their doors.
One such example is Mapletree North Asia Commercial Trust which has Festival Walk as one of its assets.
Mapletree North Asia Commercial Trust is a real estate investment trust, which invests directly or indirectly in a diversified portfolio of income-producing real estate in Hong Kong SAR, China and Japan. It focuses on commercial assets as well as real estate-related assets. Its objective is to achieve an attractive level of return from rental income and long-term capital growth. The company was founded in February 2013 and is headquartered in Singapore.
When the share price fall, the current dividend yield increases. Further analysis is required to check the fundamentals of Mapletree North Asia Commercial Trust if it is still able to sustain its historical dividend payout.
Opportunity?
Have you tried the stock screener from Yahoo Finance?
Hi, no I have not. Care to share?