We are starting a new month, and I am sharing Singapore REITs Dividend Yield in March 2025. On Friday, share prices of Singapore stocks, including REITs fell as concerns over the potential impact of tariffs imposed by US President Trump emerges. While some see this as a crisis, others see this as an opportunity. Why? Find out more below.
On 21st February 2025, the Monetary Authority of Singapore (MAS) announced the launch of a new S$5 billion programme to revive Singapore stock market. Under the Equity Market Development Programme, MAS will invest with selected fund managers with capabilities to implement investment mandates with a strong focus on Singapore stocks. Singapore REITs will also benefit under this programme.
Why did I share that this is an opportunity? When share price of REITs fell, there is opportunities 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.
Last year, 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.
The share prices of many Singapore REITs have been high for the longest time. Some of the popular Singapore REITs are Frasers Logistics & Commercial Trust, Keppel REIT, Mapletree Industrial Trust and Ascendas REIT. Are you wondering what are their share prices and their current dividend yield now? With share prices of Singapore REITs falling recently, the current dividend yield had become attractive. Find out more information above these REITs below.
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.
Singapore REITs Dividend Yield in March 2025
Frasers Logistics & Commercial Trust (SGX:BUOU)
Market Capitalization: SGD 3.1B
Current Dividend Yield: 8.14%
Price to Equity: 21.269
Price to Book: 0.735
Net Asset Value (NAV): SGD 1.136
Closing Price (28-Feb-25): SGD 0.835
AIMS APAC (SGX:O5RU)
Market Capitalization: SGD 1B
Current Dividend Yield: 7.67%
Price to Equity: 22.626
Price to Book: 0.698
Net Asset Value (NAV): SGD 1.763
Closing Price (28-Feb-25): SGD 1.23
Starhill Global Reit (SGX:P40U)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 7.53%
Price to Equity: 16.737
Price to Book: 0.642
Net Asset Value (NAV): SGD 0.756
Closing Price (28-Feb-25): SGD 0.485
Far East Hospitality Trust (SGX:Q5T)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 7.41%
Price to Equity: 23.492
Price to Book: 0.592
Net Asset Value (NAV): SGD 0.92
Closing Price (28-Feb-25): SGD 0.545
CapitaLand Ascott Trust (SGX:HMN)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 7.09%
Price to Equity: 14.397
Price to Book: 0.684
Net Asset Value (NAV): SGD 1.257
Closing Price (28-Feb-25): SGD 0.86
Mapletree Pan Asia Commercial Trust (SGX:N2IU)
Market Capitalization: SGD 6.2B
Current Dividend Yield: 7.08%
Price to Equity: 13.923
Price to Book: 0.664
Net Asset Value (NAV): SGD 1.778
Closing Price (28-Feb-25): SGD 1.18
Lendlease Reit (SGX:JYEU)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 7.06%
Price to Equity: 21.422
Price to Book: 0.555
Net Asset Value (NAV): SGD 0.909
Closing Price (28-Feb-25): SGD 0.505
Keppel Reit (SGX:K71U)
Market Capitalization: SGD 3.1B
Current Dividend Yield: 7.00%
Price to Equity: 31.073
Price to Book: 0.592
Net Asset Value (NAV): SGD 1.351
Closing Price (28-Feb-25): SGD 0.8
CDL Hospitality Trust (SGX:J85)
Market Capitalization: SGD 1B
Current Dividend Yield: 6.86%
Price to Equity: 67.621
Price to Book: 0.532
Net Asset Value (NAV): SGD 1.456
Closing Price (28-Feb-25): SGD 0.775
Mapletree Industrial Trust (SGX:ME8U)
Market Capitalization: SGD 5.6B
Current Dividend Yield: 6.85%
Price to Equity: 47.165
Price to Book: 1.073
Net Asset Value (NAV): SGD 1.846
Closing Price (28-Feb-25): SGD 1.98
Mapletree Logistics Trust (SGX:M44U)
Market Capitalization: SGD 6.2B
Current Dividend Yield: 6.76%
Price to Equity: 22.8
Price to Book: 0.843
Net Asset Value (NAV): SGD 1.46
Closing Price (28-Feb-25): SGD 1.23
PARAGON REIT (SGX:SK6U)
Market Capitalization: SGD 2.7B
Current Dividend Yield: 6.74%
Price to Equity: 8.941
Price to Book: 1.028
Net Asset Value (NAV): SGD 0.938
Closing Price (28-Feb-25): SGD 0.965
Ascendas REIT (SGX:A17U)
Market Capitalization: SGD 11.3B
Current Dividend Yield: 5.92%
Price to Equity: 14.977
Price to Book: 1.097
Net Asset Value (NAV): SGD 2.343
Closing Price (28-Feb-25): SGD 2.57
Frasers Centrepoint Trust (SGX:J69U)
Market Capitalization: SGD 3.7B
Current Dividend Yield: 5.87%
Price to Equity: 18.8
Price to Book: 0.893
Net Asset Value (NAV): SGD 2.297
Closing Price (28-Feb-25): SGD 2.05
CapitaLand Integrated Commercial Trust (SGX:C38U)
Market Capitalization: SGD 14.4B
Current Dividend Yield: 5.52%
Price to Equity: 15.399
Price to Book: 0.926
Net Asset Value (NAV): SGD 2.127
Closing Price (28-Feb-25): SGD 1.97
Suntec Reit (SGX:T82U)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 5.43%
Price to Equity: 29.534
Price to Book: 0.524
Net Asset Value (NAV): SGD 2.174
Closing Price (28-Feb-25): SGD 1.14