Are you looking for Singapore REITs dividend yield in December 2024? Investing in Singapore REITs is an excellent way to build up your passive income. The Fed is likely to cut its benchmark fed funds rate by 0.25 percentage points when they next meet between 17th to 18th December. The move is expected to further benefit REITs in terms of reducing financial costs when their debt is due for renewal.
In 2023, I collected a total passive income of more than $16K. Based on the automatic dividend tracking feature using Stocks Cafe, I collected a passive income of more than S$19K this year in 2024. If you take a look at my stock portfolio, the majority of my passive income comes from REITs while the rest comes from other stocks, Singapore Savings Bond and Singapore Treasury Bills.
How to Find Singapore REITs to Buy?
What is Keppel REIT and Keppel DC REIT dividend? What is the current dividend yield of Singapore REITs?
There are many high dividends yielding Singapore REITs that you can buy from the Singapore stock market. But the question is, how do you find a list of REITs to start with? Most seasoned investors start with stock screening instead of randomly searching on the Singapore Stock Exchange for 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. Please read up their latest financial results and 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.
Below is the Singapore REITs that I have screened using Stocks Cafe. If you are looking for popular REITs dividends such as Keppel REIT dividend, Keppel DC REIT dividend, Lendlease REIT dividend or Parkway Life REIT dividend, you can check out their current dividend yield below.
Singapore REITs Dividend Yield in December 2024
CapitaLand China Trust (SGX:AU8U)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 8.41%
Price to Equity: 77.579
Price to Book: 0.571
Net Asset Value (NAV): SGD 1.252
Closing Price (29-Nov-24): SGD 0.715
PARAGON REIT (SGX:SK6U)
Market Capitalization: SGD 2.5B
Current Dividend Yield: 7.87%
Price to Equity: 9.576
Price to Book: 0.824
Net Asset Value (NAV): SGD 1.044
Closing Price (29-Nov-24): SGD 0.86
Frasers Logistics and Commercial Trust (SGX:BUOU)
Market Capitalization: SGD 3.4B
Current Dividend Yield: 7.47%
Price to Equity: 23.18
Price to Book: 0.801
Net Asset Value (NAV): SGD 1.136
Closing Price (29-Nov-24): SGD 0.91
AIMS APAC (SGX:O5RU)
Market Capitalization: SGD 1B
Current Dividend Yield: 7.39%
Price to Equity: 23.362
Price to Book: 0.721
Net Asset Value (NAV): SGD 1.763
Closing Price (29-Nov-24): SGD 1.27
Starhill Global Reit (SGX:P40U)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 7.26%
Price to Equity: 18.068
Price to Book: 0.659
Net Asset Value (NAV): SGD 0.759
Closing Price (29-Nov-24): SGD 0.5
OUE REIT (SGX:TS0U)
Market Capitalization: SGD 1.5B
Current Dividend Yield: 7.16%
Price to Equity: 7.524
Price to Book: 0.458
Net Asset Value (NAV): SGD 0.6
Closing Price (29-Nov-24): SGD 0.275
Mapletree PanAsia Commercial Trust (SGX:N2IU)
Market Capitalization: SGD 6.5B
Current Dividend Yield: 6.96%
Price to Equity: 14.126
Price to Book: 0.7
Net Asset Value (NAV): SGD 1.756
Closing Price (29-Nov-24): SGD 1.23
Lendlease Reit (SGX:JYEU)
Market Capitalization: SGD 1.4B
Current Dividend Yield: 6.90%
Price to Equity: 22.855
Price to Book: 0.602
Net Asset Value (NAV): SGD 0.93
Closing Price (29-Nov-24): SGD 0.56
Far East Hospitality Trust (SGX:Q5T)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 6.72%
Price to Equity: 10.537
Price to Book: 0.664
Net Asset Value (NAV): SGD 0.926
Closing Price (29-Nov-24): SGD 0.615
Mapletree Logistics Trust (SGX:M44U)
Market Capitalization: SGD 6.5B
Current Dividend Yield: 6.69%
Price to Equity: 25.383
Price to Book: 0.884
Net Asset Value (NAV): SGD 1.448
Closing Price (29-Nov-24): SGD 1.28
CDL Hospitality Trust (SGX:J85)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 6.67%
Price to Equity: 8.645
Price to Book: 0.567
Net Asset Value (NAV): SGD 1.508
Closing Price (29-Nov-24): SGD 0.855
Keppel Reit (SGX:K71U)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 6.67%
Price to Equity: 26.537
Price to Book: 0.621
Net Asset Value (NAV): SGD 1.378
Closing Price (29-Nov-24): SGD 0.855
CapitaLand Integrated Commercial Trust (SGX:C38U)
Market Capitalization: SGD 14.2B
Current Dividend Yield: 6.65%
Price to Equity: 15.761
Price to Book: 0.923
Net Asset Value (NAV): SGD 2.124
Closing Price (29-Nov-24): SGD 1.96
CapitaLand Ascott Trust (SGX:HMN)
Market Capitalization: SGD 3.4B
Current Dividend Yield: 6.34%
Price to Equity: 14.201
Price to Book: 0.711
Net Asset Value (NAV): SGD 1.252
Closing Price (29-Nov-24): SGD 0.89
Keppel DC Reit (SGX:AJBU)
Market Capitalization: SGD 3.9B
Current Dividend Yield: 5.84%
Price to Equity: 35.806
Price to Book: 1.634
Net Asset Value (NAV): SGD 1.359
Closing Price (29-Nov-24): SGD 2.22
Mapletree Industrial Trust (SGX:ME8U)
Market Capitalization: SGD 6.6B
Current Dividend Yield: 5.83%
Price to Equity: 55.159
Price to Book: 1.271
Net Asset Value (NAV): SGD 1.825
Closing Price (29-Nov-24): SGD 2.32
Ascendas REIT (SGX:A17U)
Market Capitalization: SGD 11.5B
Current Dividend Yield: 5.71%
Price to Equity: 76.429
Price to Book: 1.122
Net Asset Value (NAV): SGD 2.335
Closing Price (29-Nov-24): SGD 2.62
Suntec Reit (SGX:T82U)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 5.69%
Price to Equity: 17.716
Price to Book: 0.514
Net Asset Value (NAV): SGD 2.219
Closing Price (29-Nov-24): SGD 1.14
Frasers Centrepoint Trust (SGX:J69U)
Market Capitalization: SGD 3.9B
Current Dividend Yield: 5.65%
Price to Equity: 19.534
Price to Book: 0.927
Net Asset Value (NAV): SGD 2.297
Closing Price (29-Nov-24): SGD 2.13
Parkway Life REIT (SGX:C2PU)
Market Capitalization: SGD 2.5B
Current Dividend Yield: 5.27%
Price to Equity: 21.92
Price to Book: 1.614
Net Asset Value (NAV): SGD 2.355
Closing Price (29-Nov-24): SGD 3.8